The rapid growth of the digital economy has presented both challenges and opportunities for governments worldwide, including Nigeria. As digital technologies continue to reshape business models and consumer behaviour, taxation policies must evolve to ensure that the government can effectively collect revenue while fostering innovation and economic growth.
The borderless nature of the digital economy allows businesses to operate across international boundaries with ease. This creates challenges for Nigerian tax authorities in monitoring and taxing cross-border transactions effectively. Double taxation issues may arise as businesses leverage digital platforms to reach global audiences.
