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2022-12-05 11:30:06

Report: Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions

Report: Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions

A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital asset transactions, a report has said. Nigeria is reportedly seeking to join six other countries, including two from Africa, which already levy taxes on digital asset transactions. Extracting More Revenue

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