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Are Political Parties Taxable In Nigeria? - Politics - Nairaland

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Are Political Parties Taxable In Nigeria? by LongwayGone2021: 12:37pm On Mar 23, 2022
Goodday fellows.

The recent political events in the country have reached a point where at every point of it, money, huge amount of it must be involved.

Elections are fast approaching, hence, buying and selling of intra-party nomination forms are flying about in every angle and divide.

You hear 50m, 40m etcetera as form fees ..and multitude of interested politicians have been arrogantly pulling up-and-down their babanrigas to cough out these said fees according to their choice of positions and parties

Now this leaves me with a question, are all these transactions taxable? Through which channels are the taxes fulfilled?
Re: Are Political Parties Taxable In Nigeria? by jom28gy(m): 11:03pm On Apr 24, 2022
They supposed to be paying taxes

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