September 20, 2024

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Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

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Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
Nigeria Aims to Include Cryptocurrencies in Tax System OverhaulThe Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS is seeking support from the Nigerian National Assembly to implement […]