Capital Gain Tax (PIT)
Capital Gains Tax
All chargeable assets are subject to Capital Gains Tax when disposed at a gain aside those specifically exempted by the Act.
Rate of Tax
The rate is charged at a flat rate of 10% of chargeable gains.
Capital Gains Tax Act, Cap C1 LFN 2004 (amended)
- Compensation for loss of employment below N10m to be exempted from CGT
Kindly click the link below to download the Capital Gain Tax Law