Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Acelera Law Profile picture
Acelera Law
@aceleralaw
At Acelera Law, we represent startups, tech-based businesses, and their investors. Say hello to us at hello@acelera.law
Aug 31, 2020 • 18 tweets • 7 min read
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...