Double Taxation Relief Arrangement/Agreement Explained (Finance ACT 2023)- ICAN Nigeria Tax /CITN

[@asotiepraize5015]

thank you so much sir, i learnt a lot listening and seeing this video, you did not withhold any tip to tackling the topic, you poured it all out. i wish you greater height sir.

[@Ezikan]

Amen.
Thank you very much.
I pray for you, the grace to pass your exams this coming November diet, God Almighty will give you in Jesus name

[@sandrascrib]

@@EzikanAmen!

[@benedictobokate3924]

Thank you so much, Your tutoring has been of help since I started preparing for this Nov diet. We're grateful.

[@Ezikan]

Glory be to God

[@ezekielsongs1936]

God bless you
❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

[@agbacecilia4549]

Thanks and God bless you Sir

[@Ezikan]

Amen, thanks

[@CelebrityAccountant]

Thank you sir

[@Ezikan]

Glory be to God
Thanks for your comment.
God bless you

[@OshoAjoke-r6n]

❤

[@Ezikan]

Thanks for your comment

[@joycenwokidu6435]

Thank you very much Sir ❤❤❤❤

[@Ezikan]

Glory be to God.
Thanks for your comment

[@samuelarije1254]

Well done sir

[@Ezikan]

Thank you

[@elahtv8423]

Thank you ❤❤❤❤

[@Ezikan]

Glory be to God

[@sandrascrib]

❤❤❤❤❤

[@Ezikan]

Thanks for your comment

[@user-mkaAbiola]

❤❤❤❤❤❤❤❤

[@Ezikan]

Thank you

[@omo_arugboojo]

Thank you sir ❤...Please help with Petroleum industry act in advanced taxation

[@Ezikan]

I will release it tonight

[@IretomiwaBlessing]

Why is the capital allowance not restricted?

[@Ezikan]

The assessable profit is far greater than the capital allowance.
If you calculate 2/3 of the assessable profit, it will still be greater than the capital allowance.
So the capital allowance will be claimed in full

[@IretomiwaBlessing]

Okay…Thank you sir

[@euniceolusanya3122]

Sir, what happens when there is no double tax agreement between 2 countries?

[@Ezikan]

Same treatment with when agreement exist

[@adeyhemhiademorlar4393]

Thank you sir , God bless you🙏
Can we just say any expenses incurred by Foreign country should be disallowed sir?

[@adeyhemhiademorlar4393]

Was just asking because all the foreign expenses given in the question is all disallowed sir

[@Ezikan]

No, it is not all expenses incurred by foreign country that were disallowed. Watch my videos on adjusted profit to understand this better

[@Ezikan]

Not all

[@anuoluwapoomolabake9392]

Thank you sir, but am not so clear about the entertainment part sir...is it an allowable expenses?

[@adeyhemhiademorlar4393]

@@Ezikan okay
Thank You sir

[@omolaraeny]

Is double taxation the same as multiple tax sir

[@Ezikan]

Yes

[@omolaraeny]

I'm seeing two answers , which one is correct sir

[@Ezikan]

@@omolaraeny yes

[@omolaraeny]

@@Ezikan even though I'm not sure I feel they are different as double taxation as you said is a formal bilateral agreement btw two countries to solve issues regarding double taxes. However based on the definition I know of multiple taxation, it is a tax regime where various and similar taxes are imposed on individual by the tiers of the government.
My conclusion I feel multiple taxation is more of local among the tiers of government of a particular country while double taxation is between two countries sir.
Kindly provide guidance on this

[@olufunkeadeola3093]

Well done sir, is double taxation on AYB or PYB?

[@Ezikan]

PYB

[@AmazingLightVincentEjiro]

🤎

[@Ezikan]

I appreciate your comment

[@philiykes7750]

Somebody get this man some food 😂

[@Ezikan]

Thank you

[@Wstmerchant]

That’s rude
This man is doing something from the goodness of his heart and you’re being insultive??
Shame on you

[@ten_gr1168]

@@Wstmerchante sure me say na Gen Z

[@alabedehabeeb5865]

❤❤❤❤

[@Ezikan]

Thanks for your comment

[@agimhenzeluprecious7095]

Thank you sir❤

[@Ezikan]

Most welcome

[@ObinnaMicheal-iq1lf]

Thank you sir ❤

[@Ezikan]

Glory be to God