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LIRS directs employers to deduct 10% tax from termination benefits

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LIRS directs employers to deduct 10% tax from termination benefits

THE Lagos Inland Revenue Service, LIRS has directed employers to deduct Capital Gain Tax (CGT) from employee’s termination of service payments, which is 10 percent of the terminal benefits of employees.

Continue reading LIRS directs employers to deduct 10% tax from termination benefits at Vanguard News Nigeria.

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