Abstract: AN ASSESSMENT OF CROSS-BORDER SERVICES AND ROYALTIES TAXATION
This research explores the taxation of cross-border services and royalties in Abuja. The study's objectives are to identify the key tax challenges, assess their impact on international business operations, and evaluate strategies for effective tax management. A survey design was used to gather data from 250 tax professionals and corporate executives, calculated using Taro Yamane's formula. A case study of a multinational corporation with operations in Abuja provided detailed insights. The reliability coefficient score was 0.88. Findings indicate that cross-border services and royalties taxation involves significant challenges, including complex regulations and compliance issues. Effective tax planning and professional advice were found to be beneficial strategies. Recommendations include harmonizing international tax laws and providing clearer guidelines to businesses for managing cross-border services and royalties taxation.
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