EXEMPTION FROM WITHHOLDING TAX IN NIGERIA
The following transaction is exempted from WHT in Nigeria-
- Sale in the ordinary course of business.
- Inter-bank interest.
- All income exempted from income tax.
- Redistributed dividends by holding company.
- Interest on Bonds.
- claims in insurance business.
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.