₦airaland Forum

SonofElElyonRet:
Otuocha soro

bastardson:
Is Oando a buy at 48?

Na the money wey I wan use for Chams I dey plan put inside

chimex38:
"Principal" (Mr.Market) don carry am from sub70 to sub 60 and now sub 50 within 1 month. What more can "class captain" do?

Agbalowomeri:
Oando enthusiasts
Both daily and weekly candles comfortably buried beneath the cloud

Medium term bearish

papiwyte:
Israel fund should be frozen too for Gaza rebuilding

Kingpele:
Ghana wa....when crude oil full everywhere for southern part of Nigeria ....he doesn't want marketers to import fuel from outside Nigeria yet ,he's doing the worst importing crude oil from outside....but then with ineffective government and confused leadership in NNPC ...why won't him look elsewhere..to continue running his refinery

megawealth01:
You dey mind them ni... People don't understand that once you are a billionaire you do all within your power not to go DOWN

jonnysessy:
I guess so, but the Chinko claimed the price the acquired were far less than the current price. Investors are dumping the shares afraid they might pay less. But, I am holding onto my Wapco to see how it would end.

etokhana:
https://x.com/aonanuga1956/status/1962324883825648067?s=19[/quote]Yes, Tinubu has caused unprecedented, more than enough damage and destruction in the 2 years, pushing about N130m more people into poverty.

chimex38:
Kpakites=Chewing gum
#cruise

Svoboda:
When you kill one Oneida, ten Obeidas will line up to take his place. Israel forgets that Hamas is an ideology. It's an ideology of occupation resistance, and not an association of deranged fellows. It is a well organised movement with clear goals and objectives ingrained in the fibre of every Palestinian.

SonofElElyonRet:
Melodramatic Utuocha.
Your fictitious "vision" (which is a brilliant work of literature) ends on an ambiguous note. 'But to the humble I heard a whisper: ‘Fear not. Though the cedar has fallen, I will be your shelter. Though the market shakes, my rock shall not be moved.’ so being humble is a factor that determines success in the stock market kwa? Just stick to Oando prognostication..

Ddll:
First it was Oando, now it’s Ellah Lakes. It’s about to be a very long weekend of analysis

awesomeJ:
I apologize for the tone.

This is the deal:
I already pointed out that you could use dividends to pay off the N2.5m interest, now even if you don't have or use that, you can obviously sell just N3m worth of shares (taxed at about 15%) which will cost you way less in taxes than if you had to sell the entire N50m and pay over 20% average tax rate. The maths is straight forward.

I just thought we needed to beat the back and forth, so we don't derail/spam the thread.

Sorry boss.

awesomeJ:
Try Google.

If you yet have confusion about this issue, I don't share it.

Try Google and chatGpt. They'll help you.

Give the AI enough context about your peculiar situation.

However if you prefer to think you have no way out of the tax situation, good for you!!!

awesomeJ:
Maybe how would you pay the interest is the question you should ask.

The [b]capital [/b]can be rolled over perpetually.

You can easily pay N2.5m interest cost via dividends.

MarketDispatch:
The Exodus was what started destroying education in Nigeria. Most of the School Teachers were Ghanaians

kay29000:
Yeah...many didn't leave. I guess initially (weeks into it) it was enforced strongly...but after a while, Nigerians forgot about it, and the ones left, stayed behind. Because my home teacher and one of my favorite teachers in my primary school back in the late 80s was a Ghanaian man...Mr. Danso.

awesomeJ:
Depends on the spread between the pricing of the loan and the tax rate.

In developed economies, interest rates are usually below 5% while tax rates are usually above 20%

So if I need 50m to fund my expenses, instead of withdrawing my stocks proceeds and pay N10m as taxes, I'd rather get the N50m as loan and pay N2.5m as interest.

And keep rolling over forever 😀😀

With lending rates at 30% here though, you still need to teach us how it can work.

Dpharisee:
Surprisingly Igbos protected Ghanaians during that period and didn't ask them to go like happened in the North and South West except for those who left on their own volition, Ghanaians screaming Igbos Must Go don't know the difference between Nigeria tribes

malali:
Source: https://www.israelnationalnews.com/news/414085

malali:

Hahaha....Have you heard of NATO Article 5.
Go and do your research.
The day Israel tries and monkey business with Turkey.
That whole area on the map will be known as Palestine.

Agbalowomeri:
Just take one-month loan equivalent to your needs, pay back on share liquidation. Continue trading forever

Kennitrust:
Hmmm


That means if this people were allowed in those days, Nigeria would have predominantly divided between Nigeria and Ghana as another ethnic group in Nigeria

chopnaira:
There were lots. Especially people from the Ogbomosho area of Oyo state that have intermarried with Ghanaians for over 100 years.

awesomeJ:
No I won't. 😁😁

Sonnobax15:

So this thing really happened?

Now I understand why an average Ghanaian has so much hatred for Nigerians..

awesomeJ:
Not quite 😁
Every law has a loop hole.
The reinvest clause here works for me 😁😁.
Again scenarios are different.

Some people have expenses that are 20x mine.

What if they didn't include the clause, it wouldn't have been funny at all.

Pay them 20% average tax rate for what?

awesomeJ:
Government that you're not even a fan of anyways. Good thing you still have 4 months 😁😁😁

chimex38:
Is CIT not the difference between PBT & PAT?

Toluway:
Well.... I trust the billionaires would tackle that .
Dangote has been tackling his.

Toluway:
Extracted from GPT.

Here’s how it works under the Nigeria Tax Act (NTA), 2025, effective January 1, 2026 :


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Key Takeaways:

1. Capital Gain Exemption Thresholds

If your proceeds from share disposal are less than ₦150 million, and your chargeable gain is ₦10 million or less, then the gain is exempt from capital gains tax (CGT) for that 12-month period .



2. Marginal Personal Income Tax Rates Apply

If your gain exceeds those thresholds, the gain would be taxed at your personal income tax rate, with a top marginal rate of 25% .



3. In Your Case – ₦1 Million Gain

₦1 million is well within the ₦10 million exemption threshold, and the proceeds are also far below ₦150 million. This means you would not pay any CGT or PIT on that gain.





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Summary Table

Scenario Tax Payable

Gain: ₦1 million (below ₦10 million), proceeds < ₦150 million 0% — Exempt
Gain exceeding thresholds Personal income tax, up to 25% marginal rate.

From this expose and my layman's interpretation, less than #150m proceed threshold is exempted from CGT.
Is this not good for the stock market?
Am I mistaken?