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Withholding Tax In Nigeria: Rates And Its Application
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“Another one that people used to mix up is withholding tax (WHT), withholding tax is not a type of taxes; it’s not VAT, It’s not another tax. Withholding tax is called prepaid tax. Because when you get involved in certain transactions, that except the payer discloses, their is no way we (NRS) will know that is you withheld tax.” — Zacch Adedeji, Executive Chairman NRS If you earn, invoice, or do business in Nigeria, this is worth your time. 🎥 Courtesy of ARISE TV #PAPFocus #KnowYourTaxes #Withh
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