FINANCE

BENEFITS OF APPLYING FOR PIONEER CERTIFICATE

Other benefits of applying for pioneer certificate (apart from income tax exemption) are stated below.
-Deduction of  loss during pioneer from profit after pioneer period.
-Deduction of Fixed asset incurred during pioneer period after pioneer period.
-Dividend paid out from pioneer period are tax exempt whether paid out within and after pioneer period.

Disclaimer: Obi Azubuike is not by this publication acting as a professional advisers and therefore not liable to any  damage whatsoever for your acting or refraining to act based on  this publication. Consult your professional for advice. 

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