The withholding tax rate on dividends paid to a Nigerian company is:
A5%
B7.5%
C10%CORRECT
D15%
ICANTaxationWithholding Tax2025
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Why the answer is C, and why the others tempt you.
Dividends, interest and rent attract withholding tax at 10% for companies. The withholding tax on dividends is a final tax in the hands of the recipient.
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