Full Video: I Earn in Three Countries. Do I Pay Tax Three Times?

Your client pays a ₦10 million invoice and only ₦9.5 million arrives. The missing ₦500,000 is withholding tax, and most business owners have never agreed to it, tracked it, or claimed it back. In this episode of Fincra Answers, Charles, Director of Tax at Fincra, works through the tax questions that catch out businesses moving money across borders: withholding tax and how to recover it, VAT on payments to foreign software providers, being taxed on the same profit in three countries, transfer pricing between companies you own, and what Nigeria's 2026 tax reform changes for small businesses and crypto gains. 🔗 Learn more about Fincra: https://www.fincra.com Chapters: 0:00 Intro 0:04 The ₦10M invoice that paid out ₦9.5M: withholding tax explained 1:26 Do you owe VAT on payments to US software companies? 2:03 Earning in three countries, taxed by three governments: double taxation 3:21 Transfer pricing: when the tax office says your own price is wrong 5:08 Nigeria's 2026 tax reform: is it really zero income tax? 6:33 Crypto gains and the new law: how would they even know? Got a payments question you actually want answered? Drop it in the comments and we'll bring it to a future episode.