Companies’ Income Tax ActQualifying ExpenditureNigeriaThis paper discusses the implications of capital allowances for companies' income tax purposes in Nigeria. Capital allowance scheme is one of the potentials foSocial Science Electronic Publishing
Examines some of the essential features of Nigeria's companies income tax (dating from 1939) system, raises a number of issues, and on the basis of these makes recommendations for invigorating the system: 1) Historical review - 2) Jurisdiction and right to revenue - 3) Taxable income - 4)...
yearly with the attendant challenge of rising crime rate and social insecurity. This has had a telling negative effect on the overall growth of the Nigerian economy.The deteriorating state of the country's infrastructure especially in the area of stable power supply has undermined Nigeria's ...
Companies operating in certain sectors must now hire full-time employees, and meet minimum annual operating expenditure requirements in Labuan; Companies which do not meet substance requirements are liable to pay a tax rate of 24% on taxable profits, as per the Income Tax Act 1967. Companies ...
Zubair AO, Abdul Samad A-R, Dankumo AM (2020) Does gross domestic income, trade integration, FDI inflows, GDP, and capital reduces CO2 emissions? An empirical evidence from Nigeria. Curr Res Environ Sustain 2:100009. https://doi.org/10.1016/j.crsust.2020.100009 Article Google Scholar Down...
The Group's tax expense fell 37% on lower earnings and the recognition of deferred tax credits in Nigeria by Airtel partly offset by higher dividend withholding taxes. Consequently, underlying net profit declined by 19% (17% in constant currency terms). The net exceptional gain (post-tax) of...
Hourly rate$8.00 - $15.00 Agency size11-50 workers Member since Oct 13, 2011 Business growth can’t be achieved overnight. I am a firm believer in intuitive hard work, dedication and courage. Growth is crucial to the long-term survival of any business. Attaining sustainable growth is my ...
ratio does not have a significant positive impact on the return on assets of listed food and beverage companies in Nigeria; and the accounts receivable period does not have a significant positive impact on the return on assets of listed food and beverage companies in Nigeria. Research by Aprilia...
In the three months to December, Dabur’s business in Dubai grew 14%; sales in Nigeria were up 52%; revenues in Egypt gained 42%, and Turkish sales increased 44%. 53 Edgewell Personal Care Shelton, Conn.2023 Beauty Sales:$756.1 Million (Est.)+8% vs. 2022 (Est.) Edgewell bolstered ...
Nigeria. Oil and gas industry cover 75% of Nigeria’s overall government revenue. Shell Nigeria is a major contributor in Nigeria because of this, but also because of the local supply chains, local content and social investments which are a stream of income for the locals (Shell Nigeria,2020...