Nigerian Government Approves Withholding Tax Exemptions for Manufacturers, SMEs, and Farmers

In a move to enhance tax administration and stimulate economic growth, the Nigerian federal government has approved exemptions from tax at source for manufacturers, small businesses, and farmers. This new withholding tax regime is designed to alleviate the tax burden on businesses by reducing rates and eliminating multiple taxes and tax inequity. This significant policy [...]The post Nigerian Government Approves Withholding Tax Exemptions for Manufacturers, SMEs, and Farmers appeared first on Tekedia.

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