Coy income tax for Q4 2022 stood at N753.88bn — NBS

The National Bureau of Statistics (NBS), says aggregate Company Income Tax (CIT) stood at N753.88 billion in Q4 2022.

This is according to the NBS Company Income Tax (CIT) Q4 2022 Report released in Abuja on Wednesday.

According to the report, it showed a growth rate of -6.95 per cent on a quarter-on-quarter basis from N810.19 billion in Q3 2022.

The report said local payments received were N353.90 billion, while foreign CIT payments contributed N399.98 billion in Q4 2022.