Subscribe to our monthly Newsletter

March - April 2021 Ascension Tax Newsletter

In this newsletter, we have examined the following matters:

▪ International Employee Taxes:

We have examined major tax issues that typically arise under international employee secondment arrangements and suggested a way forward to deal with these issues; and

▪ Small Companies and the Withholding Tax Conundrum:

We have reviewed the income tax exemption granted to small companies by the Companies Income Tax Act (CITA), amended by the Finance Act 2019, alongside the directive by the Federal Inland Revenue Service (FIRS or “the Service”) on application of Withholding Tax (WHT) on income of small companies.

© copyright 2023. All RIghts Reserved

We take your privacy seriously and only process your personal information to improve your browsing experience. In accordance with GDPR, NDPR and other applicable regulations, continuing to use this platform indicates your consent to the processing of your personal data by Ascension Consulting Services, its subsidiaries and partners as detailed in our Privacy Policy.