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Daily Archives: May 30, 2018

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Nigeria: Tax Treatment of Dividends from Gas Income

PublicationsBy Kingsley N. AmaefuleMay 30, 2018Leave a comment

Nigeria’s Tax Appeal Tribunal has decided that gas dividends are liable to withholding tax which, it is understood, was affirmed by the Federal High Court. But a review of the applicable law and the tax accounting treatments that the dispute entails appears to raise doubt about the accuracy of the decision.

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