Our “trip” through tax disputes landscapes around the world is sadly nearing its end (and by “trip”, I mean a six-part podcast series on tax disputes in G20 countries across six continents). This stop in Nigeria marks the penultimate episode in the series and my last contribution. 

Sarah Osprey, Partner in Slaughter and May’s Tax Disputes Practice, and I had a great time speaking with Lolade Ososami, Partner at Udo Udoma & Belo-Osagie, about tax disputes in Nigeria – and other topics: as Lolade heads both the firm’s taxation and mining and metals teams, I had to ask how she manages to combine two specialisations! 

Lolade also shared thoughts on the UN’s work towards a Framework Convention on International Tax Co-operation before diving into a discussion of transfer pricing risks and a possible push towards using advance pricing agreements, the Nigerian tax disputes process and the suspension of pay-to-play requirements as well as plans for a tax amnesty and the extent to which multinationals operating in Nigeria would likely be able to benefit. 

The podcast also tells you why the validity of the Nigerian transfer pricing regulation is in question and what taxpayers should do in light of this. 

Subscribe to our regular Tax News podcast show on your preferred podcast app to hear more and find out when further episodes are released.