Tag
TAX RATE
The Chief Executive Officer of 11PLC, Otunba Adetunji Oyebanji, has raised concerns that Nigeria’s recent tax reforms, particularly the sharp increase in capital gains tax (CGT) for companies, could deter major investments in the country.
https://www.youtube.com/watch?v=mU__ARmN1uE
The Federal Government plans to reduce the minimum tax rate from 0.5% to 0.25% of the gross turnover of the company.