Big News today.
“The Senate on Thursday passed President Buhari’s Finance Bill, 2019, which seeks an amendment of Nigeria’s tax laws.” — @NGRSenate
#GovtAtWorkNG
“The Senate on Thursday passed President Buhari’s Finance Bill, 2019, which seeks an amendment of Nigeria’s tax laws.” — @NGRSenate
#GovtAtWorkNG
“The Acts amended in the Finance Bill are:
Companies Income Tax Act, Cap C21 2004 (as amended to date);
Value Added Tax Act, Cap VI, LHN 2007 (as amended),
Customs and Excise Tariff (Consolidation) Act, Cap C49, 2004.
Personal Income Tax Cap P8, LFN 2007 (as amended);”
Companies Income Tax Act, Cap C21 2004 (as amended to date);
Value Added Tax Act, Cap VI, LHN 2007 (as amended),
Customs and Excise Tariff (Consolidation) Act, Cap C49, 2004.
Personal Income Tax Cap P8, LFN 2007 (as amended);”
Cont’d
“Capital Gains Tax Act Cap C1, LFN 2007;
Stamp Duties Act Cap S8, LFN 2004,
and the Petroleum Profit Tax Act (PPTA) 2004.”
#FinanceBill2019NG
“Capital Gains Tax Act Cap C1, LFN 2007;
Stamp Duties Act Cap S8, LFN 2004,
and the Petroleum Profit Tax Act (PPTA) 2004.”
#FinanceBill2019NG
“Chairman of the Senate Finance Committee, Senator @YAYIAdeola, said the Bill specifically seeks to amend Nigeria’s tax provisions and ... enhance the implementation and effectiveness of government’s tax policies.” #FinanceBill2019NG
“According to Sen @YAYIAdeola, the initiative to reform the tax system & the proposed modifications to the fiscal rules around taxation are clearly aimed at creating an enabling business environment aimed at minimizing the tax burden for Micro,Small & Medium Enterprises (MSMEs).”
