Tax
Tax related news
NIPC: Fouani, 11 other companies secure tax holidays in Q1 2024
The Nigerian Investment Promotion Commission (NIPC) granted tax holidays to 12 companies in the first quarter of this year under...
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Tax committee proposes reduction in personal income tax for Nigerians earning less than N2 million monthly
The Presidential Committee on fiscal policy and tax reforms chaired by Mr. Taiwo Oyedele has proposed reduction in the personal...
Read moreDetailsPresidential tax committee proposes exemption of manufacturers and farmers from withholding tax
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has stated that the committee has...
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Implicit tax Nigerians pay is far above the current tax rate- NACCIMA
Mr. Dele Oye, NACCIMAT President stated that implicit tax such as security and others that Nigerians pay is far above...
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US opposes 2% global taxation on billionaires from 2024
The Biden administration has opposed a proposal to institute a worldwide tax on the assets of the ultrawealthy, which is...
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FG gets 52% in tax for every N1 we make as profit – Aliko Dangote
Africa’s richest man, Aliko Dangote, has said that the federal government takes 52% tax on every N1 his company earn...
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Group says Nigeria requires coalition for effective health tax policy
The Development Governance International (DGI) Consult says that Nigeria needs a unified coalition among health stakeholders for a functional health...
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Diaspora remittances fall 6.28% to $282.61 million in Q1 2024 amid CBN’s reforms
Nigeria recorded $282.61 million as total direct foreign exchange (FX) remittances in the first quarter (Q1) of 2024.
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Federal Executive Council suspends cyber security levy, to undergo “some form of review”
The Federal Executive Council has suspended the Cyber Security Levy imposed on Nigerians by the Office of the National Security...
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FIRS partners UNDP, OECD to launch Tax Inspectors Without Borders Program
The Federal Government, in partnership with the United Nations Development Program (UNDP) and the Organisation of Economic Co-operation and Development...
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