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2024 Regulations on Deduction at Source (Withholding Tax)

2024 Regulations on Deduction at Source (Withholding Tax)

The new circular on withholding tax issued by the Nigerian Minister of Finance outlines the rules for deducting tax from payments to taxable persons under various tax acts. Key highlights include reduced tax rates for eligible transactions and residents of treaty countries, a new tax

The Code of Corporate Governance for Not-for-Profit Organizations in Nigeria – Challenges, Opportunities, and Implementation Imperatives

The Code of Corporate Governance for Not-for-Profit Organizations in Nigeria – Challenges, Opportunities, and Implementation Imperatives

The Corporate Governance Code for Not-for-Profit Organizations (NPOs) in Nigeria aims to boost transparency and accountability through twelve key principles. However, implementing it faces challenges like resistance to change and resource constraints. Overcoming these hurdles requires tailored strategies, government support, and comprehensive training. Successful implementation