Abstract or Introduction
The digital market, having grown to be one of the most lucrative globally, has prompted the desires of governments across the world to tax the profit that emerges from their territory because of these digital activities. However, due to the lack of physical presence of the Non-Resident Companies (being the major suppliers of digital services in Nigeria), taxation of the said activities have proven difficult. Being a key factor necessitating the shift from the old regime of taxing NRCs under section 13 of Companies Income Tax Act (CITA), to the enactment of the Finance Act 2019 which came into force on 13 January 2020.
- Quote paper
- Joel Odili (Author), 2020, Taxation of Digital Activities. An Evaluation of the Nigerian Approach in a Global Context, Munich, GRIN Verlag, https://www.grin.com/document/1147667
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