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Nigeria and Sweden signed a first-time income tax treaty and protocol on 18 November 2004.

|Treaty Development|Nigeria-Sweden
Nigeria-Sweden

The maximum rates of withholding tax are:

-  
10% on dividends in general and 7.5% if the beneficial owner is a company (other than a partnership) which holds directly at least 10% of the capital of the company paying the dividends;
-   7.5% on interest in general; and
-   7.5% on Royalty;

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