The infrastructure and real estate construction industry in Nigeria holds the potential for contributing massively to the growth of the economy, both in terms of GDP and employment generation. The reason is not farfetched- her population. Nigeria has an estimated population of 200 million people majority of which are youths. However, in Nigeria, there is […]

Section 4 of the Finance Act (FA) 2019 amends Section 13 of the Companies Income Tax Act (CITA). The amended section 13(2) deals with the taxation of nonresident companies (NRCs) i.e. companies that transact businesses in Nigeria other than Nigerian companies. Section 13 taxes four categories of NRCs viz: a company that has a fixed […]