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.

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