DECREE NO. 104
PERSONAL INCOME TAX DECREE 1993
ARRANGEMENT OF SECTIONS
PART I – IMPOSITION OF TAX AND INCOME CHARGEABLE
1. Imposition of Tax
2. Persons on whom tax is to be imposed
3. Income chargeable
4. General provisions as valuation of benefits
5. Valuation as to living accommodation
6. Business or trade only partially carried on or deemed to be carried on in Nigeria
7. Relevant tax authority may assess and charge tax on the turnover of a business etc.
8. Partnership
9. Agricultural, etc. profit
10. Employment
11. Tax credit allowable against tax payable on income derived from outside Nigeria
12. Nigerian dividends
13. Foreign income
14. Interest
15. Territory in which dividend or interest paid by a Nigerian company arises
16. Settlement, trusts and estates
17. Artificial Transactions
18. Certain appeals
19. Income exempted
PART II – ASCERTAINMENT OF INCOME
20. Deduction allowed
21. Deductions not allowed
22. Waiver or refund of liability or expense
PART III – ASCERTAINMENT OF ASSESSABLE INCOME
23. Basis for computing assessable income
24. New trades
25. Cessation of trades, etc.
26. Employment and pensions
27. Trusts and estates
28. Itinerant workers
29. Continuity of trade, etc.
30. Apportionment of income
31. Receipts and payment after cessation of trade, etc.
32. Ascertainment of chargeable income
33. Personal relief
34. Deductions to be claimed
35. Proof of claims
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