Nigeria to prioritise taxes from digital non-resident firms in 2022


FILE PHOTO: Nigerian Finance Minister Zainab Ahmed attends the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, U.S. April 13, 2019. REUTERS/James Lawler Duggan//File Photo

ABUJA (Reuters) - Nigeria will prioritise tax collection from its digital economy in 2022 and focus on non-resident firms with significant economic presence that generate turnover in the West African country, the country's tax chief said on Thursday.

Nigeria plans to tax digital non-resident companies that sell products to local customers at 6% of turnover, Finance Minister Zainab Ahmed said this month, as part of fiscal reforms to boost revenues and diversify the oil-dependent economy.

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