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Lagos enforces 5% withholding tax on gaming payouts - Source News

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Lagos enforces 5% withholding tax on gaming payouts

Nairametrics•5 days ago•centre•Credibility: 75/100

The Lagos State Government has announced the commencement of a 5% withholding tax (WHT) on gaming payouts, directing all licensed betting companies operating in the state to begin immediate automatic deductions from customers’ winnings. The post Lagos enforces 5% withholding tax on gaming payouts appeared first on Nairametrics.

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Lagos enforces 5% withholding tax on gaming payouts

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