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Taxes on Income, Profits and Capital Gains (Local Currency) in Nigeria

Source: World Bank
Last Updated: July 1, 2023

Taxes on income, profits and capital gains reached NGN 1,086 bil in 2013 in Nigeria, according to the National Statistical Office. This is 5.69% more than in the previous year.

Historically, taxes on income, profits and capital gains in Nigeria reached an all time high of NGN 1,288 bil in 2008 and an all time low of NGN 81.9 bil in 2004.

Nigeria has been ranked 21st within the group of 130 countries we follow in terms of taxes on income, profits and capital gains.

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