The Federal Inland Revenue Service (FIRS) in Nigeria and the Kingdom of the Netherlands have officially begun renegotiating their Double Taxation Agreement (DTA), marking a new chapter in Nigeria’s international tax policy.
The meeting, held at the Revenue House in Abuja, was hosted by FIRS Executive Chairman, Dr. Zacch Adedeji, and attended by the Dutch delegation led by Ambassador Bengt van Loosdrecht.
This move follows President Bola Tinubu’s recent signing of key Tax Reform Bills into law in June 2025.
The newly enacted legislation, including the Nigeria Tax Act and the Nigeria Revenue Service (Establishment) Act, aims to modernise and restructure tax administration in line with international standards.
Adedeji emphasized that global tax shifts and Nigeria’s ongoing domestic reforms necessitate a review of outdated treaty terms.
“This renegotiation aligns with the policy objectives of President Tinubu’s administration and our commitment to inclusive economic growth through a fair and transparent tax system,” he stated.
Ambassador van Loosdrecht welcomed the collaboration, highlighting the mutual goodwill and professionalism of both delegations.
“Treaty negotiations are about finding common ground. We are confident this will be a productive engagement,” he said.
The FIRS also announced that the next six months will focus on harmonizing tax data and implementing the new reforms, with the Nigeria Revenue Service set to launch on January 1, 2026.
This initiative makes the Netherlands the first country to renegotiate its tax treaty with Nigeria under the new reform regime.
Source: https://punchng.com/nigeria-netherlands-renegotiate-double-taxation-agreement/
Image Credit: Punch NG
