Title: Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
Post by: Bitcoin on Aug 20, 2024, 07:05 am
Post by: Bitcoin on Aug 20, 2024, 07:05 am
Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
The 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 […]
Source: Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul (https://news.bitcoin.com/nigeria-aims-to-include-cryptocurrencies-in-tax-system-overhaul/)
The 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 […]Source: Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul (https://news.bitcoin.com/nigeria-aims-to-include-cryptocurrencies-in-tax-system-overhaul/)