The Corporate Tax Rate in Nigeria stands at 30 percent. source: Federal Inland Revenue Service, Nigeria

Corporate Tax Rate in Nigeria is expected to reach 30.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Corporate Tax Rate is projected to trend around 30.00 percent in 2021, according to our econometric models.

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Nigeria Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 30.00 30.00 2006 - 2020 percent Yearly

Nigeria Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 30.00 30.00 percent [+]
Personal Income Tax Rate 24.00 24.00 24.00 24.00 percent [+]
Sales Tax Rate 7.50 7.50 7.50 5.00 percent [+]


Nigeria Corporate Tax Rate
In Nigeria, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Nigeria.