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Nairaland Forum / Nairaland / General / Business / Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks (23301 Views)
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Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by SmartyPants(m): 5:01pm On Dec 20, 2022 |
Freethinker87: Remote workers are not taxed at source. |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by blowjohn(m): 5:03pm On Dec 20, 2022 |
Abeg explain o. Like me now assuming I want to fund my dollar prepaid card, and I get some dollars ftm outside, go into the bank, will I need to present the certificate before they deposit the dollars?? |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by owobokiri(m): 5:03pm On Dec 20, 2022 |
Lifestone:Why should Nigerians pay taxes to corrupt governments? 2 Likes 1 Share |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by swaggerjack: 5:08pm On Dec 20, 2022 |
Buhari4sale: If Bobo Chicago enter power he go hear am.
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Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by PrinceOfLagos: 5:11pm On Dec 20, 2022 |
Lifestone:Buhari through Godwin emefiele is doing well ![]() |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by Carlyboi(m): 5:12pm On Dec 20, 2022 |
These fools are raving mad the high VAT and indirect tax isn’t enough now they wanna start taxing people in the informal sector and SMEs who are already struggling to get by and find a good footing to make it worse you want someone who wants to pay school fees to get tax clearance for 3yrs?lol Double and heavy taxation just to fund the wasteful lifestyles of these polithieficians and pen pushers they just keep pushing their luck and don’t know when to stop honestly. 3 Likes 1 Share |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by IranianSea: 5:14pm On Dec 20, 2022 |
GideonG:No. You only need one when you're sending out. 1 Like |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by Depressed101: 5:15pm On Dec 20, 2022 |
Freethinker87:tax don't get deducted if you work for foreign companies because Nigeria has no tax treaty with most tech nations like the US. 2 Likes |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by IranianSea: 5:16pm On Dec 20, 2022 |
yahoodetector:Kid! None of Emefiele policies will affect ruling party. It will affect other political parties only. 3 Likes |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by designking: 5:17pm On Dec 20, 2022 |
telim: Does this means we can't fund our dollar Visa Card again? Does this affect Dollar deposit to Dorm accounts? |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by Alamkir: 5:19pm On Dec 20, 2022 |
Slawomirr: Are u sure? Na govt tax we dey talk oo. No be tax wey boys dey tax u for street 1 Like |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by Fiscus105(m): 5:20pm On Dec 20, 2022 |
oluwaseyi0: U did not even praise him an inch but attacked immediately ,yet u have likes, ......oga, u re a satanist, and for people like you that liked ur comment, I pity Nigeria, for kinds of inhabitants in Nigeria. |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by francichuks(m): 5:20pm On Dec 20, 2022 |
I think it is a good policy. U see,Truth be told,majority who criticise d CBN governor knows in d debt of their heart that it is aimed at bringing citizens to do their civic obligation or u call it responsibilitiy. For instance,if u dont have any business with Domiciliary account or transaction,wetin cincern u? It is a way of saying,to whom much is giving(those who earn in hard currencies) should also pay in proportion to d tune of what they earn(much is expected). D only reservation I have in all these,is that d economy doesn't encourage husslers,especially those who don't do fraud business. D economy is too harsh! Even hinest people are tempted 2 do wrong things,when they are frustrated,by harsh economic background. U know,in this country,Poverty is a default setting. Haba! Let start creating d enabling environment by ourselves,by voting d right people to public offices,especially in this forth coming election in 2023. 3 Likes |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by NEUDUDE: 5:20pm On Dec 20, 2022 |
oneMalik: So una want to take us back to slave trade era abi. God pass una ![]() |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by yahoodetector: 5:25pm On Dec 20, 2022 |
IranianSea: We shall see |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by NEUDUDE: 5:25pm On Dec 20, 2022 |
Elliotwaveforec: Tinubunomics. Economics of wickedness to enslave the masses with net ![]() |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by accountantben: 5:30pm On Dec 20, 2022 |
wahala dey oh. let see where this will take us too. The policy go still affect those wey wan jagban. |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by PotatoSalad(m): 5:35pm On Dec 20, 2022 |
Depressed101:You mean tax get deducted, cos I've been paying more than $600/month as tax to the US government since July 2021. We don't have tax treaty with the US. 2 Likes |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by zeyt: 5:35pm On Dec 20, 2022 |
This news is only available at Nairaland. Probably a fake news. 2 Likes |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by PotatoSalad(m): 5:38pm On Dec 20, 2022 |
francichuks:Problem isn't paying tax, it's the government misusing it. For instance, imo state government donated more than 25 brand new air conditioned buses to Tinubu campaign. From state money o. Tax payers money. Think about the rubbish 3 Likes 2 Shares |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by SolarEdge: 5:46pm On Dec 20, 2022 |
Please how do I get my tax clearance certificate as an employee of a private company in Nigeria. My monthly tax is deducted from my salary. Please enlighten me, thanks. 2 Likes |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by seunayantokun(m): 5:46pm On Dec 20, 2022 |
The next step to the burial of what is left of the economy. |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by airsaylongcome: 5:52pm On Dec 20, 2022 |
SmartyPants: Says who? FTE remote workers can have tax deductions at source. Plus what is the government taxing them for? I’ve had to drop a huge sum buying new inverter batteries (that had VAT) . Pay an atrocious sum for Internet. And the government that has not provided any infrastructure to make my work easy want to tax me extra because I be remote worker? They should just prepare for lower remittances because dem no know say that fx income na hin dey keep many families afloat for Naija 4 Likes |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by BreconHills(m): 5:52pm On Dec 20, 2022 |
oluwaseyi0: Is it only bankers? When one shoots an ant with an elephant gun, innocent people get hurt. |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by airsaylongcome: 5:55pm On Dec 20, 2022 |
francichuks: While you say the government is trying to get citizens to perform their civic responsibilities, has the government fulfilled their own responsibilities? |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by yusufu16: 5:56pm On Dec 20, 2022 |
GideonG: No. I think this applies to those who need dollar at official rate |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by BreconHills(m): 5:57pm On Dec 20, 2022 |
bdon123: I seriously doubt it affects you at all. |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by hedonido: 5:57pm On Dec 20, 2022 |
Wait, Iif I want to withdraw USD in cash from my domiciliary account, would this requirement apply? |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by SmartyPants(m): 5:59pm On Dec 20, 2022 |
airsaylongcome: How can you be taxed when you're not legally employed in that country? To be taxed you'd have to be on a proper work permit/work visa. What paperwork would the company file on your behalf when you dont have a legal identity there?? I've been doing this for many years as an FTE with well established companies and i have never ever heard of companies taxing remote workers. That's fraud straight up. |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by Depressed101: 6:02pm On Dec 20, 2022 |
PotatoSalad:Correct We do not have a tax treaty with the US. That I know of. I think you are supposed to be required by your employer to fill out a tax exemption form. Can't remember what it's called wether w2 or w3 form where you will select what country you reside at. I believe once you select Nigeria you are not supposed to pay any tax. Take my statement with. Pinch of salt. Please do your own research it's been longed I did anything tax in tradfi |
Re: Tax Clearance Certificate Required For Foreign Exchange Transactions In Banks by Wickedfacts: 6:04pm On Dec 20, 2022 |
NEUDUDE: Go to the front page, other idiots like you said it was targeted at Tinubu. You are now saying it is Tinubunomics. |
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