A survey conducted by PwC during a recent tax stakeholders' event revealed that sixty percent of taxpayers consider withholding tax as the most complex aspect of tax compliance in Nigeria.

"...the process of obtaining refund is not only rigorous but almost impossible in practice. Taxpayers are subjected to intensive audits and even when the claims are certified, refunds are rarely granted. As a matter of fact, Arsenal has a higher chance of winning the Champions League than a taxpayer obtaining a WHT refund."

Read the article written by Funmi and Bitrus (both of PwC) which was published today in the Guardian Newspaper (copy uploaded below).

Download Flaws of the WHT system in Nig_7Dec2015 

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.