NBS: Nigeria rakes in N295.72bn company income tax in Q4 2020

Company Income Tax

NBS: Nigeria rakes in N295.72bn company income tax in Q4 2020   Nigeria recorded a total sum of N295.72 billion as Company Income Tax (CIT) in the last quarter of 2020, the National Bureau of Statistics (NBS) has revealed. In is observed in the just released Sectoral distribution of Company Income Tax (CIT) data for Q4 2020 by the NBS that, the sum fell by 28.91 per cent from N416.01 billion generated in Q3 2020 and 18.31 per cent lower  year-on-year compared with N362.01 billion generated in Q4 2019. According…

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