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My question is: Applicable to both US and Canada QUESTION: Have you ever heard or dealt with a "non resident tax" in the country of Nigeria. Please advise if you can. Thanks Norm
the Canada/Nigeria Income Tax Treaty
which was signed pm August 4, 1992 deals with non resident withholding tax as
follows:
Article X - Dividends
withholding of 12.5% non-resident tax for
corporations, 15% for individuals
Article XI - Interest
withholding of 12.5% non-res tax
Article XII - Royalties
withholding of 12.5% n-r tax
Article XIII taxes Capital Gains at the normal
rates for a resident
Article XIV taxes personal services of an
individual based upon a fixed base.
This is different than most other countries
where income is taxed after an set amounts (US $10,000 - Indonesia $2,400 as
examples)
david ingram
the CEN-TA Group
108-100 Park Royal South
West Vancouver, BC, CANADA, V7T 1A2
(604) 913-9133 - Fax (604) 913-9123
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