SOME TAXES APPLICABLE TO STARTUPS IN NIGERIA

A key understanding of the tax structure, which operates in Nigeria is quite important to ensure tax compliance.

What are the taxes applicable to startups in Nigeria?

#aThread COMPANY INCOME TAX

CIT is the tax paid on the profits of companies in Nigeria. CIT is paid by on profit derived, received, accrued or brought into Nigeria. The Finance Act introduced a tiered approach to CIT...