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Nigeria Tax Treaties
3 active treaty partners
Nigeria maintains 3 active bilateral tax treaties. General dividend withholding rates across its treaty network range from 10% to 15% (median 15%), with qualified rates for direct investment ranging from 7% to 12.5%. Interest rates range from 7.5% to 12.5% (median 12%). Pensions are exempt from source-country withholding across all treaties.
Tax System Overview
Corporate Rate30%
Individual Range7-24%
Capital Gains10%
CurrencyNGN
Key Facts
Treaty Model BasisUN
Treaty Network20 treaties
Fiscal YearJan 1 - Dec 31
CurrencyNGN
Rate Distribution
General Dividends at 5% or below0 of 3 treaties
Qualified Dividends at 5% or below0 of 3 treaties
Interest at 0%0 of 3 treaties
Official Sources
Tax AuthorityFederal Inland Revenue Service (FIRS)
Treaty AuthorityFederal Ministry of Finance
Treaty Partners
| Partner | Dividends | Interest | Pensions | Status |
|---|---|---|---|---|
| 🇨🇦Canada | 15% / 12.5% | 12.5% | 0% | In force |
| 🇿🇦South Africa | 10% / 7.5% | 7.5% | 0% | In force |
| 🇬🇧United Kingdom | 15% / 7% | 12% | 0% | In force |