Nigeria Tax Agency Posts Circular, Issues Notice on DTA Benefit Claims

The Nigerian Federal Inland Revenue Service Dec. 17 posted online a circular and issued a notice clarifying DTA benefits and claims for taxpayers. Topics covered include: 1) eligibility requirements, conditions for taxpayers to claim benefits, and claim denials; 2) DTA benefits, including tax credits and their computation; 3) a list of DTA partner jurisdictions; 4) DTA withholding tax rates for royalties, international transport, technical service fees, and rental income, including for nonreciprocal jurisdictions; 5) dispute resolution through mutual agreement procedures (MAP); 6) entitlement to treaty withholding rates, including for beneficial owners and permanent establishments; 7) nondiscrimination between residents and nonresidents; ...