Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

[Bitcoin]

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