The Nigerian government has delivered a welcome boost to the electricity sector by exempting electricity generation and distribution companies (GenCos and DisCos) from withholding tax. This new regulation, effective July…
In a move designed to streamline tax collection and ease the burden on businesses, the Nigerian government has approved a significant overhaul of the country’s withholding tax regime. This reform,…
CEM REPORT, FINANCE | The Federal Government is proposing significant changes to Withholding Tax (WHT) regulations, aiming to simplify compliance and ease the burden on businesses. The Presidential Committee on…