Section 8 Nigeria Tax Act 2025

Section 8 of the Nigeria Tax Act 2025 is about Profits of a company from certain dividends. It provides as follows:

(1) A company shall include dividend income in its profits, gross of any tax paid or deducted at source.

(2) Dividends received by a Nigerian company by way of shares of the paying company shall not be included in its profits chargeable to tax under this Act and shall not be subject to the deduction prescribed under section 51 of Nigeria Tax Administration Act, 2025.

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