The Honourable Minister of Finance, Budget, and National Planning, Dr. Zainab Shamsuna Ahmed has issued Companies Income Tax (Significant Economic Presence) Order, 2020 pursuant to Section 13 (2)c of CITA as amended in the 2019 Finance Act.

Significant Economic Presence is applicable to a Non-Resident Company (NRC) who carries out Technical, Professional, Management and Consulting services in Nigeria

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