Taxation of commissions payable to insurance brokers/agents – an obligation or a nightmare?

by | March 7, 2018 12:23 am

The insurance industry is one of the specialised businesses having a peculiar business model and corresponding distinct tax considerations in Nigeria. The core business of insurers/insurance companies, simply put, is to provide cover to another party (insured), against possible financial loss within a specified period. In return, the insured pays an insurance premium at the…

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