The Corporate Tax Rate in Nigeria stands at 30 percent. Nigeria Corporate Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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 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.