Both countries have agreed to either negotiate a new treaty or amend the existing treaty.
Officials from Nigeria and the Netherlands met on 7 July 2025 to discuss revising the 1991 income and capital tax treaty between the two nations, according to a post by Nigeria’s Federal Inland Revenue Service (FIRS).
Both parties have agreed to either negotiate a new treaty or amend the existing treaty, aligning with the broader push for enhanced tax transparency, fairness, and adherence to global standards in addressing Base Erosion and Profit Shifting (BEPS).
Any agreed changes to the tax treaty will require finalisation, signing, and ratification before taking effect.
