Businesses And Companies In Nigeria Cannot Pay Personal Income Tax.

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Daily Law Tips (Tip 411) by Onyekachi Umah, Esq., LLM. ACIArb(UK)
BUSINESSES AND COMPANIES IN NIGERIA CANNOT PAY PERSONAL INCOME TAX.
No business in Nigeria, including business names, companies, local or foreign businesses, are allowed to pay personal income tax in any part of Nigeria. Business Names are mere registered trading names, it is their owners, staff and workers that are expected to pay personal income tax in Nigeria on their incomes/profits in Nigeria whether they are resident in Nigeria or outside Nigeria.
On the other hand, companies are different from their owners and they pay company Income Tax to federal government while their workers, staff, directors and shareholders (owners) pay personal income tax to federal and state governments depending on their states of residency.
My authorities are:
1. Sections 18, 19, 37, 38, 573, 610 and 613 of the Companies and Allied Matters Act, 1990
2. My authorities are sections 1, 2, 3, 7, 108 and 109 of the Personal Income Tax Act 1993.
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