Analysing Nigeria’s new Withholding Tax regime

As part of the on-going fiscal policy and tax reforms in Nigeria, a new withholding tax regime has been approved. Key changes introduced include the exemption of small businesses from Withholding Tax compliance, reduced rates for businesses with low margins and exemptions for manufacturers and producers such as farmers. Oladejo Adeyemi, Commercial Practice Group, Andersen Nigeria joins CNBC Africa on how this will boost government’s revenue flow and curb tax evasion.
Fri, 05 Jul 2024 11:48:28 GMT

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