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Lagos begins 5% withholding tax on gaming winnings - Source News

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Lagos begins 5% withholding tax on gaming winnings

Nairametrics•4 days ago•centre•Credibility: 75/100

The Lagos State Government has commenced the implementation of a 5% Withholding Tax (WHT) deduction on gaming winnings, in line with applicable Nigerian tax laws and regulatory directives governing the gaming industry. The deduction applies to net winnings from licensed gaming platforms operating within Lagos State and is deducted at the point of payout. All […] The post Lagos begins 5% withholding tax on gaming winnings appeared first on Nairametrics.

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Lagos begins 5% withholding tax on gaming winnings

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