Petroleum Profits Tax

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf gptkb:tax_law
gptkbp:administeredBy Federal Inland Revenue Service (Nigeria)
gptkbp:appliesTo petroleum industry
companies engaged in petroleum operations
gptkbp:basisFor profits from upstream petroleum operations
gptkbp:compatibleWith downstream petroleum activities
gptkbp:dateEnacted 1959
gptkbp:governedBy Petroleum Profits Tax Act
https://www.w3.org/2000/01/rdf-schema#label Petroleum Profits Tax
gptkbp:leviedBy gptkb:government
gptkbp:notableFor gptkb:Nigeria
gptkbp:purpose taxation of profits from petroleum operations
gptkbp:rateType variable
gptkbp:relatedTo corporate income tax
oil and gas taxation
gptkbp:bfsParent gptkb:Federal_Inland_Revenue_Service
gptkbp:bfsLayer 6