How to Automate Tax Reporting for Nigerian Crypto Users

Tax season can be a real headache for crypto enthusiasts in Nigeria, but it doesn’t have to be! With the right tools and strategies, you can simplify the process of reporting your earnings. Let’s dive into how you can automate your tax reporting and make your life a whole lot easier.

Understanding Crypto Taxation in Nigeria

First off, it's crucial to wrap your head around how crypto taxation works in Nigeria. The Federal Inland Revenue Service (FIRS) has laid out some guidelines, and although they’re still evolving, here’s the gist of it:

• Capital Gains Tax: If you sell your crypto and make a profit, you may be liable for capital gains tax.
• Transaction Reporting: When you're trading, it's essential to keep track of your transactions for accurate reporting.

Tools for Automation

Luckily, there are some great tools out there specifically designed to help automate your tax reporting. Here’s what you might want to consider:

1. Crypto Tax Software

Using dedicated crypto tax software can make your life so much easier. These tools can import your transaction data, calculate your profits, and generate tax reports. Some popular options include:

• Koinly: A great choice for Nigerian users with support for various exchanges and wallets.
• CoinTracking: Offers extensive features for tracking, reporting, and optimizing your crypto portfolio.
• CryptoTrader.Tax: User-friendly and effective for generating tax reports based on your trading activity.

2. Spreadsheet Solutions

If you’re a bit of a DIY person, spreadsheets can work wonders. You can create a template to track:

• Date of transaction
• Type of crypto
• Amount bought/sold
• Price at transaction
• Fees incurred

This method allows for a custom-made solution, but it might take a bit more time to set up initially.

3. APIs for Integration

If you have some coding skills, using APIs can be a game-changer. By connecting your crypto exchanges directly to your tax reporting tool, you can automate data retrieval. Some exchanges that offer APIs include:

• Binance
• Coinbase
• Kraken

Keeping Records

No matter which method you choose, keeping detailed records is vital. Make sure to save:

• Transaction IDs
• Wallet addresses
• Exchange statements
• Any other relevant information

Finalizing Your Report

Once you have your data organized and processed through your chosen tool, it’s time to create your tax report. Most software solutions will help you generate a report that aligns with FIRS guidelines, making it easier for you to file your taxes accurately.

Wrap Up

Automating your tax reporting doesn’t have to be daunting. With the right tools and a little bit of organization, you can turn a stressful task into a manageable one. So, take the plunge and streamline your crypto tax reporting today!

For more detailed information on Nigerian taxation, you can check out the FIRS Official Website. Happy trading and reporting!

• You're juggling over seven different data sources, including EVM chains, Tron/TON, P2P ledgers, CEX CSVs, card rails, and bank statements, all to create this one comprehensive "NGN ledger." But just when you think you've got it figured out, FX whiplash throws in a twist, making every gain a bit of a rollercoaster ride at the NAFEM rate. And to top it off, there’s no special circular from the tax authority clarifying which timestamped rate to rely on. (punchng.com)
• You’ve got to tackle those CGT self-assessments twice a year--right before the June 30 and December 31 deadlines--before even thinking about your annual returns. Plus, you need to whip up VAT e-invoices that meet FIRS/NRS real-time validation requirements (IRN + cryptographic stamp) in UBL/XML format. Just one little mapping mistake, and bam, your invoice gets rejected. (banwo-ighodalo.com)
• Your compliance team is in need of SEC VASP proof (ISA 2025), Travel Rule counterparty checks, and a strategy for DAC8/CARF data exchange starting January 1, 2026 (with the first cross-border exchanges due by September 30, 2027). Engineering is already on a tight timeline, while procurement is looking for set deliverables and SLAs. (nairametrics.com)
• In Nigeria, if you're trading digital assets, you should know that gains are taxed at 10% CGT. Even though there’s some confusion about how to figure out the tax basis, that hasn’t stopped the authorities from enforcing the rules. Don’t forget that if you skip the semi-annual CGT self-assessment deadlines on June 30 and December 31, you could end up facing penalties and interest. You can read more about it here.
• Good news for crypto firms! The Central Bank lifted the ban on bank accounts for them back in December 2023. However, banks still can’t hold crypto on their own books. Keep in mind that if there are compliance issues, you might find your banking lines cut. Check out the details here.
• With the introduction of ISA 2025, Nigeria now classifies virtual and digital assets as securities. If you’re operating without registration, be ready for fines, or even the suspension or revocation of your license. Also, the SEC has tightened up the rules around promotions and finfluencers, which will take effect on June 30, 2025. For more info, click here.
• Heads up! Nigeria’s e-invoicing mandate, known as the Merchant-Buyer Solution, kicked off on August 1, 2025, for big taxpayers with a turnover of at least ₦5 billion. If you’re in that group, remember that invoices need to be processed through structured UBL/XML via designated access points. Late or invalid invoices could lose you input-VAT credits. More details can be found here.
• Global transparency is on its way! The DAC8 (EU) mandates that CASPs serving EU residents must start collecting and reporting data from January 1, 2026, with the first automatic exchanges set for September 30, 2027. If you’re dealing with EU users, you’ll need to make sure your data model is ready for CARF/DAC8 right now. Learn more here.
• Big changes are coming for tax administration in 2025! The FIRS is getting a makeover and will be renamed the Nigeria Revenue Service (NRS). New Acts are lined up to kick off on January 1, 2026, and officials have made it clear that there's “no going back” on this start date. Get ready for stricter digital enforcement. You can read more about the changes here.

We connect the dots between Solidity/rollup plumbing and top-notch CFO-level reporting. Our approach is super modular, allowing procurement to contract in stages; engineering can deliver updates bit by bit; and compliance gets clear audit trails.

1) Regulatory Scoping and Data Policy (Weeks 0-2)

• Map out your entity model to the current rules:
  • Digital-asset CGT is sitting at 10% thanks to the Finance Act 2023 until something else comes along; remember to track your disposals for those semi-annual CGT self-assessments happening on June 30 and December 31. (kpmg.com)
  • For SEC coverage under ISA 2025, make sure to confirm your VASP/DAOP/DAX status. And don’t forget to align your onboarding process with the updated rules as ARIP transitions. (mondaq.com)
  • Check out the CBN 2023 VASP banking guidelines: you’ll want serviceable accounts because banks can’t hold crypto. (nairametrics.com)
  • Look into e-invoicing scope and the UBL/XML profile for VAT on fees; you'll need to figure out your access-point selection too. (taxnews.ey.com)
  • If you’re working with EU residents, it’s a good idea to get on board with a CARF/DAC8 data dictionary now (think TINs, tax residency, transaction types). (taxation-customs.ec.europa.eu)
• Decide on your FX policy: Use the official CBN/NAFEM rate at the moment of the transaction, and don’t forget to keep proof of the source and retrieval because we’re still waiting on specific crypto FX guidance. It’s also smart to build a deterministic rate resolver with some fallbacks just in case. (ey.com)
• NDPA 2023 compliance: You’ll want to run a DPIA for the Travel Rule and cross-border transfers. Make sure you implement those transfer mechanisms (like BCRs or standard clauses) before sending PII to any offshore vendors. (kpmg.com)

2) Data Connectors That Engineers Don’t Hate (Weeks 2-6)

• On-chain ingestion:
  • We’ve got EVM, Tron, and TON indexers that come with cursor checkpoints. You can decode DeFi events like AMM swaps, LP add/remove, and staking, plus it helps tag taxable events vs. non-taxable transfers.
  • For wallet-level lot tracking, we’re supporting FIFO/specific ID. We’ll also keep track of UTXO/tokenID provenance for NFTs and wrapped assets.
• Off-chain ingestion:
  • Let’s talk about Exchange APIs/CSVs (think Quidax, Busha, Luno, and others). We can attach exchange fee lines for VAT and CGT basis. Oh, and did you hear? The SEC confirmed two DAX AIPs under ARIP--be sure to map their exports to your schema. (sec.gov.ng)
  • We’re also diving into P2P ledgers and bank statements. It’s all about normalizing NGN settlement with an FX snapshot at execution.
  • For identity verification, we can handle BVN/NIN/TIN resolution through the Joint Revenue/Tax Board portals as Nigeria rolls out unified Tax IDs in 2026. (thecable.ng)
• E-invoicing gateway:
  • You can generate UBL/XML invoices; just sign and route them through a licensed access-point provider. Plus, we’ll enforce 24-hour B2C reporting. (taxnews.ey.com)

1. Tax rules engine that your auditors (and bots) can read (Weeks 4-8)

• Policy packs:
  • In Nigeria, there’s a 10% CGT on digital assets, and remember to keep an eye on those semi-annual CGT return windows. They automatically bucket disposals into January-June and July-December cycles. You can find more details here.
  • Income classification is important too! Things like staking and airdrops fall under ordinary income lines, and don’t forget about VAT on platform fees, treated as service supply. Oh, and we’re generating e-invoices now. Check out more info here.
  • For CARF/DAC8 extraction, we’re looking at due-diligence fields, transaction taxonomy, and those residency rules for each jurisdiction. Keep in mind the 2026 collection and the 2027 exchange window. More details can be found here.
• Evidence model:
  • For every taxable event, we’ll need to keep a record of the hash of source records, the decoded method/signature, a counterparty label, the NGN valuation source, and invoice/IRN where it applies. Let’s use Merkle roots for each period so finance can "prove unchanged" without needing to re-ship any PII.

4) Smart‑contract instrumentation (optional but high‑leverage)

• Emit “TaxEvent” logs (including cost basis ID, NGN valuation key, and fee class) at crucial points in your Solidity code. This way, you can index the data off-chain and avoid any reconciliation issues.
• When it comes to L2s/rollups, we can sprinkle in some hooks to get UBL line-items ready for fee events, helping to bridge those pesky VAT gaps.

1. Zero-knowledge privacy for sensitive attestations (pilot)

• For our high-net-worth users and B2B clients, we're excited to offer zk-proofs that show gains or losses, or even DAC8 line items, coming straight from your immutable ledger. And the best part? We do this without revealing any of your raw trades. We're using cutting-edge Halo2/Plonk circuits along with on-chain and verifier services to make it happen. Plus, since hardware costs for zk-proofs have significantly dropped since 2023, we’re all set to roll out pilots in 2026. (arxiv.org)

6) Travel Rule and AML Controls

• Make sure to integrate a travel rule provider that plays well with others; this means doing your homework on counterparty-VASP due diligence and ensuring message delivery even if the other party is using a different network. Don't forget about keeping records for five years and raising a flag if you notice missing identity data or if your tools aren't working together smoothly (FATF is really pushing for enforcement now). Check out more details at notabene.id.

7) Delivery, Procurement, and SLAs

• Typical first launch in 8-10 weeks:
  • Weeks 0-2: We kick things off with scoping, the Data Protection Impact Assessment (DPIA), and setting the FX policy.
  • Weeks 2-6: Here, we’ll focus on building data connectors and getting that e-invoice gateway up and running.
  • Weeks 4-8: This is where the magic happens with the rules engine, CGT windows, and extracting CARF/DAC8 data.
  • Weeks 7-10: We’ll wrap things up with User Acceptance Testing (UAT), run a parallel test with finance, and then make the big switch before the next CGT cycle.
• Governance: We’ll stick to a change-controlled rules YAML and create test vectors that cover common Nigerian edge cases like USDT P2P spreads, rebases, and MEV-sandwich mislabels.

Prove -- GTM Metrics We Hold Ourselves To

• Filing speed: We’re on a mission to cut down our month-end crypto tax close from 10-15 days to under 48 hours! Plus, our semi-annual CGT packs will be generated the next day after the window closes (June 30 and December 31).
• Accuracy: We’re keeping it tight with less than 0.5% variance on our independent recalculations and ensuring 100% field-level lineage back to raw on-chain/off-chain evidence.
• E-invoicing: We’re super proud of our track record--over 99.9% of invoices get cleared on the first submission (IRN issued) for VAT-able fees, and we’re rocking a resubmission rate of under 0.1%. Check out more about this here.
• DAC8 readiness: We’re gearing up for full 2026 collection coverage and schema validation by Q2 2026. Plus, we’ll have dry-run exchange packs ready for internal audit by Q3 2026. More info can be found here.
• Banking continuity: We’ve got our mappings aligned with the CBN 2023 VASP guidelines to dodge any bank offboarding triggers--no proprietary crypto exposure on our bank accounts whatsoever. You can read more about that here.
• Nigerian VASPs like exchanges, brokers, custodians, along with neobanks and fintechs, are stepping up by adding crypto capabilities. We’re looking for folks to fill roles such as CFO, Head of Compliance, CTO/VP Engineering, and Head of Tax.
• We make sure to use the exact phrases you're already familiar with from your internal discussions:
  • “ISA 2025 VASP licensing,” “ARIP onboarding status,” “TaxPro‑Max/ATRS export,” “NAFEM FX rate source,” “UBL/XML e‑invoicing (IRN),” “BVN/NIN/TIN mapping,” “NDPA 2023 DPIA,” “FATF Travel Rule interop,” “CARF/DAC8 extraction.”

Practical Examples (with 2026-level detail)

Here are a few practical examples that break down complex concepts into easy-to-understand bits while keeping it detailed enough for 2026.

Example 1: Smart Home Technology

Imagine a smart home setup that integrates various devices to create a seamless living experience. In 2026, this could look like:

• Voice Control: You can adjust lighting, temperature, and even play music just by talking to your virtual assistant.
• Automated Routines: Set your home to wake up with the sunrise; the blinds open, the coffee brews, and your favorite tunes kick in--all without lifting a finger.
• Energy Management: Smart meters analyze your energy consumption in real-time, suggesting ways to reduce costs and minimize waste.

Example 2: Remote Work Innovations

With remote work becoming a standard practice, here’s what a typical workday in 2026 might involve:

• Virtual Reality Meetings: Instead of just video calls, you join your colleagues in a virtual space, feeling like you’re all in the same room--even if you’re continents apart.
• Asynchronous Collaboration: Tools that allow team members to contribute at their own pace, making it easier to work across time zones without losing that collaborative spirit.
• Wellness Tracking: Apps that not only manage your tasks but also check in on your mental and physical health throughout the day to promote a balanced work-life dynamic.

Example 3: Sustainable Transportation

Consider how transportation has evolved by 2026:

• Electric and Autonomous Vehicles: Most new cars are electric, and many can drive themselves, making commutes safer and more environmentally friendly.
• Support for Micro-Mobility: Cities are packed with e-scooters and bikes, making it easy to zip around without needing a personal vehicle.
• Integrated Public Transport: Apps that combine all modes of transport--trains, buses, and shared rides--into one seamless travel experience, prioritizing eco-friendly options.

Example 4: Health Tech

Healthcare in 2026 has taken huge strides:

• Wearable Health Monitors: Devices that continuously track vital signs and provide real-time feedback, alerting you to potential health issues before they become serious.
• Telehealth Services: Virtual appointments have become the norm, complete with AI-driven diagnostics that help doctors make informed decisions quickly.
• Personalized Medicine: Treatments tailored specifically to your genetic makeup, ensuring that you get the most effective care possible.

Example 5: Education Technology

Education has transformed dramatically:

• Personalized Learning Paths: AI-driven platforms that adapt to each student’s learning pace and style, ensuring no one gets left behind.
• Global Classrooms: Students can collaborate with peers worldwide through virtual exchanges, expanding their perspectives and cultural understanding.
• Gamification in Learning: Lessons that incorporate game-like elements to boost engagement and motivation, making learning fun and impactful.

These examples showcase a glimpse of our future with 2026-level detail, highlighting how technology can enhance our everyday lives and environments.

Individual Power User Filing Semi-Annual CGT

• Profile: So, you’re a Lagos resident trading across Ethereum, BSC, and TON, right? You’ve got CEX accounts at a couple of licensed or onboarding DAX, plus you’re using P2P USDT for your on/off-ramp needs.
• What We Automate:
  • We pull in on-chain data and those handy CEX CSVs; then we classify your disposals and work out your gains per lot.
  • When it comes to converting USD to NGN, we grab the CBN/NAFEM snapshot right when the transaction happens. We keep the rate source handy since there’s no crypto-specific FX circular from the authorities yet. This way, auditors can always figure out the rate consistently. (ey.com)
  • We automatically piece together the CGT self-assessment for disposals made between Jan 1-Jun 30 (that one’s due by June 30) and Jul 1-Dec 31 (due December 31), plus we’ll whip up your annual return pack, too. (banwo-ighodalo.com)
• Why It’s Correct Now:
  • Good news! Digital assets are clearly chargeable for CGT now. If you’ve got staking rewards, those are treated as ordinary income, separate from your disposal gains. Just remember, you need to keep all your records for five years. (kpmg.com)

VASP Platform: VAT E‑invoicing + SEC Alignment

• Profile: This is for exchanges with a turnover of at least ₦5 billion and a retail base in Nigeria, charging fees in NGN.
• What We Automate:
  • We handle fee events by sending them into an invoice micro‑ledger; we also whip up UBL/XML invoices and push them through the Access Point for instant IRN issuance, plus we provide daily B2C summary reports. (taxnews.ey.com)
  • We keep SEC documentation in check according to ISA 2025, which includes maintaining license registers and evidence for client asset segregation. We also make sure marketing content meets the 2025 finfluencer rules (like no objections and proper disclosures). (nairametrics.com)
  • We implement the Travel Rule for interoperability and perform checks on VASPs. If a counterparty isn’t registered, we'll scale back flows and add in sanctions screens along with enhanced recordkeeping. (notabene.id)
• Why It’s Relevant Now:
  • E‑invoicing clearance became a must for large taxpayers starting August 1, 2025, with defined rollout and extension windows. Plus, ISA 2025 has made VASP registration a must-have. (kpmg.com)

Nigeria‑based app with EU users: CARF/DAC8 readiness

• Profile: This is a custodial wallet aimed at serving Nigerians and the diaspora living in the EU.
• Here’s what we’re automating:
  • We’ll be adding those DAC8 due-diligence fields during onboarding (that’s name, address, TIN, DOB, and residency). Plus, we'll tag transactions based on the CARF taxonomy and keep track of wallet activities (like in/out flows, swaps, and fiat off‑ramps) with unique user keys starting January 1, 2026. You can check more about this on the EU taxation site.
  • We’ll prepare those 2026 reporting packs for submission to the national authority in 2027 and set up internal reconciliation dashboards. This will help our finance team give the green light before that nine-month deadline rolls around. You can read more about it on KPMG's site.
  • We’re also going to navigate those NDPA constraints on cross-border personally identifiable information (PII) by using approved transfer methods and minimizing data. Plus, we’ve got optional zk-proofs to verify compliance math without needing to send raw PII around. For more details on this, take a look at KPMG’s insights here.

Architecture Notes Engineers Will Care About

• Ledgerization:
  • We’re all about normalizing events into a double-entry ledger, ensuring we have immutable provenance with details like block number, transaction hash, and log index. Our DeFi parsers work their magic by mapping liquidity events into synthetic disposals--keeping everything economically accurate.
• Cost-basis Policy:
  • Since Nigeria hasn’t laid out any specific rules for crypto, we’re playing it safe with FIFO as our default method. If you can tag the lot selection cryptographically when you make a spend, we’ll use specific identification. Both approaches are easy enough to explain to auditors. (ey.com)
• FX:
  • We’ve got a “rate oracle” that stores snapshots from CBN/NAFEM. Each calculation logs the source ID and timestamp. If there’s a bank-settled NGN value available (like for CEX fees), we prefer that rate--it’s more documentary-friendly, and we keep a copy of the statement image.
• E-invoicing:
  • We're using a UBL/XML generator that follows PEPPOL-style conventions. It’s got a four-corner transmission setup, and we make sure to preserve the IRN and crypto-stamp with the invoice PDF for user access. Check it out here: (taxnews.ey.com)
• Security and Privacy:
  • We’re sticking to the NDPA 2023 DPIA templates, with encryption at rest and least-privilege policies for CARF/DAC8 datasets. Plus, we’ve got five-year retention rules that can be customized per dataset. More details are available on this: (kpmg.com)
• ZK Pilots:
  • We’re utilizing Halo2 circuits to demonstrate that “sum(gains in period) = X” with commitments to event hashes. Verification can happen on-chain or in a regulator portal. The good news? Proof costs have dropped significantly since 2023, making way for some practical pilots in 2026. Dive into the research here: (arxiv.org)

Emerging Best Practices We Recommend Adopting in 2026

• Use Wallet-Level Lot Tracking: Say goodbye to the hassle of cross-wallet HIFO. This keeps things simple and minimizes audit-related friction.
• Valuation Checkpoints: Think of every on/off-ramp as a “valuation checkpoint.” Make sure you store the NGN amount along with any source evidence.
• Incorporate SEC Rules into CI: Make it a priority to block any deployments that might compromise client-asset segregation or disable Travel Rule hooks. Check out more on this here.
• FX Hierarchy Agreement: Before diving into FX, work with your tax advisors to set up a clear hierarchy. Use the official CBN/NAFEM snapshot at the time of execution, then fallback to documented NGN from the settlement--definitely steer clear of those monthly averages. Don't forget to jot this down in your accounting memo. More details can be found here.
• VAT E-Invoices for Large Taxpayers: When it comes to VAT for larger taxpayers, ensure you're sending those e-invoices within the set windows. If an invoice gets rejected, you might lose out on your input VAT credit--keep an eye on IRN issuance as a reliability service level indicator. Learn more here.
• Prepare CARF/DAC8 Early: Get started on the CARF/DAC8 prep now. Remember, any data you skip collecting from January 1, 2026, won't magically appear in 2027. For further information, check this out here.

Where 7Block Labs Fits in Your Roadmap (and Where to Click)

• Looking for a solid build partner who knows their way around Solidity, ZK, and tax regulations? Our team is here to help with:
  • A custom SDK that includes a ledger and a rules engine; optional ZK attestations; plus data-minimized CARF/DAC8 extracts.
  • Integrations for e-invoice gateways and access points, along with BVN/NIN/TIN mapping and Travel Rule compatibility.
• Dive into our offerings:
  • Check out our custom blockchain development services and blockchain integration for top-notch security hardening and reporting automation.
  • Explore our smart contract development for full-scale end-to-end builds, complete with audit-ready event schemas, and our security audit services to keep everything in check.
  • Discover our web3 development services, dApp development, and DeFi development services for productized dApp backends and DeFi solutions.

Why Trust These Dates and Definitions?

• Digital assets are now taxed at 10% CGT according to the Finance Act 2023. We're still waiting on more detailed guidance, which is why having clear internal policies is super important. (kpmg.com)
• The SEC licensing for VASPs is officially in place thanks to ISA 2025. If you're thinking about operating without registration, that’s a no-go--it’s considered an offence. Also, promotions will have some stricter rules starting mid-2025. (nairametrics.com)
• Good news! The CBN opened up bank servicing for VASPs again in December 2023, but, just a heads up, banks still can’t hold crypto on their balance sheets. (nairametrics.com)
• The large-taxpayer e-invoicing system, using UBL/XML, kicked off on August 1, 2025, and it's rolling out in phases. (kpmg.com)
• DAC8 is set to go live on January 1, 2026, with the first exchanges by September 30, 2027--just make sure you’re aligned with CARF. (taxation-customs.ec.europa.eu)
• The NRS took over from FIRS in mid-2025, and on December 23, 2025, the government confirmed that the January 1, 2026 start date is still on track. (kpmg.com)

Brief in‑depth details you can action this quarter

• Engineering tasking:
  • Get started on a “rate oracle” microservice that ties CBN/NAFEM FX rates to ISO‑8601 timestamps. Don't forget to make a deterministic resolver for the tax engine. (punchng.com)
  • Make sure to emit TaxEvent logs in smart contracts that include cost‑basis IDs and valuation keys. Let’s standardize this across L1/L2s.
  • Create a UBL/XML invoice generator that includes schema validation. Wire this to an Access Point and keep track of IRN receipts. (taxnews.ey.com)
• Finance/Tax ops:
  • Wrap up the CGT semi‑annual windows with T+1 packs and lock those hashes. Make sure you’re also getting auditor sign‑off on the FX policy memo (including rate hierarchy and evidence).
  • If you have EU residents in the mix, kick off DAC8 KYC field collection on January 1, 2026--not at year‑end. (taxation-customs.ec.europa.eu)
• Compliance:
  • Run the NDPA DPIA for the Travel Rule. Make sure to document any lawful transfer mechanisms for offshore vendors, and set up the five‑year retention for originator/beneficiary data. (kpmg.com)
  • Align all advertisements and influencer content with SEC’s 2025 marketing restrictions. Don’t forget to keep those “no‑objection” files handy! (cointelegraph.com)

Personalized CTA

Hey there! If you’re a Nigeria-licensed (or in the process of getting licensed) VASP, and you need to:

1. Achieve over 99.9% first-pass IRN issuance for UBL/XML e-invoicing by March 31, 2026.
2. Start gathering DAC8/CARF fields by January 1, 2026, to meet that September 30, 2027 exchange deadline--

Then don’t miss out on booking a 45-minute architecture review this week! We’ll help you map out your ledgers, choose the right FX policy, and even set up a pilot that your CFO can sign off on before the June 30 CGT window wraps up.

References and Source Notes

• Digital asset CGT at 10%; there are some gaps in guidance regarding computation and FX; CGT will follow semi-annual windows. (kpmg.com)
• CBN's guidelines for VASP banking in 2023 are now out. (nairametrics.com)
• The ISA 2025 is set to cover VASPs; also, we’ll be looking at the status of the ARIP/portal and the SEC marketing rules. (nairametrics.com)
• E-invoicing is rolling out with MBS (UBL/XML, IRN). (taxnews.ey.com)
• Check out the DAC8 timeline and how it's aligning with CARF. (taxation-customs.ec.europa.eu)
• NRS is taking the place of FIRS; details on the start date are being communicated. (kpmg.com)

Related 7Block Labs Services

Check out what we offer at 7Block Labs:

• Dive into our custom blockchain development services
• Explore our blockchain integration
• Keep your projects safe with our security audit services
• Get started with smart contract development
• Level up your projects with our web3 development services
• Unleash the potential of DeFi with our defi development services