Lagos Enforces 5% Withholding Tax on Gaming Payouts
The Lagos State Government has introduced a 5% withholding tax (WHT) on gaming payouts. All licensed betting companies in the state now required to automatically deduct this tax from customers’ winnings, effective immediately. Key Announcement The Chief Executive Officer of the Lagos State Lotteries and Gaming Authority (LSLGA), Mr. Are Bashir, issued a public notice…
