The digital economy is rapidly becoming the most widely reaching economy in the world at large. *In 2018, the Nigerian Investment Promotion Commission projected that it is expected that the Nigerian digital economy would generate $88 billion and at least 3 million jobs will be created by the last quarter of 2021. The challenge with the Digital economy is that huge income generated, will not be easily taxable unless laws are changed to suit the changing digital and technological disruption. Given that the tax authorities in Nigeria are working tirelessly to digitalize the tax collection process, it is sad to know that the process will not be effective in monitoring and collecting taxes from digital transactions. There are a number of issues surrounding taxation policies in the digital economy such as: • Taxation of internet sales. • Taxation of consumption of digital goods. • Providers of digital platforms such as Facebook, Google, and Twitter be taxed in the country where huge revenues are generated from. The digital economy is in a constant uninterrupted state of evolution and future developments need to be monitored to evaluate its impact on tax systems. To learn more on Taxation in a Digital Economy, endeavour to register for the Annual Accountant Conference tagged 4th Industrial Revolution: Boom for the Accounting Profession and Panacea for Pandemic. It is happening on Monday, April 5 – Friday, April 9, 2021. Click on the link below to register! https://icanig.org/aac-2020/#