Tag: non-resident company
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FG Set to Tax Non-resident Digital Firms at 6% of Turnover
The federal government plans to tax non-resident digital companies that sell products to local customers at six per cent of turnover in Nigeria. The Finance Minister, Zainab Ahmed has said on Wednesday, as part of fiscal reforms to boost revenues and diversify the oil-dependent economy. At around 4.5 per cent of Gross Domestic Product (GDP),…