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10 THINGS should know about Public Finance Bill
It's a thread:
1. Banks will request Tax Identification Number (TIN) before individuals are allowed to open bank accounts. Existing account holders must provide their TIN to be able to operate their accounts. #PublicFinanceBill
It's a thread:
1. Banks will request Tax Identification Number (TIN) before individuals are allowed to open bank accounts. Existing account holders must provide their TIN to be able to operate their accounts. #PublicFinanceBill
2. Non-residents who provide imported technical and management services in Nigeria will be taxable at a final Witholding Tax rate of 10%. #PublicFinanceBill
3. Dividends distributed from petroleum profits will attract 10% withholding tax. This will affect those with investments in oil and gas investments. #PublicFinanceBill
