The Nigerian government is considering a national tax policy to boost revenue, reduce the cost of doing business and curb tax inequity in Nigeria.
A technical committee constituted to work out the fine details of the policy said on Wednesday in Abuja it was putting together a national tax policy bill to be submitted to the National Assembly soon for consideration.
The members of the NTPIC include the Permanent Secretary from Federal Ministry of Finance; Permanent Secretary ; Permanent Secretary and Solicitor-General of the Federation, Federal Ministry of Justice; the Director-General of the Budget Office of the Federation; the Director-General of the Debt Management Office;and the Director-General of the Securities and Exchange Commission.
He said the bill when passed into law by the National Assembly will help raise the country’s revenue, reduce the cost of doing business, deal with some areas of tax inequity and check areas of conflict in international taxation, like profit shifting and base erosion.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Xenophobia: Don’t Attack South African Businesses, Nigerian Govt Urges CitizensXenophobia: Don’t Attack South African Businesses, Nigerian Govt Urges Citizens It said the majority of workers in the companies operating are Nigerians who will be affected.
Read more »
NANS call for mass action over xenophobic attacksThe leadership of National Association of Nigerian Students (NANS), Oyo State have called for a mass action over the increasing occurrences of...
Read more »
South African Labour Unions, Activists Must Condemn Xenophobic Attacks, Says Lagos AAC | Sahara ReportersSouth African Labour Unions, Activists Must Condemn Xenophobic Attacks, Says Lagos AACparty | Sahara Reporters The follows the recent attacks on Nigerians and other African nationals by South African citizens. SayNoToXenophobicAttacks READ MORE:
Read more »
Xenophobia: Security expert advises Nigerian govt on steps to take against South Africa - Daily Post NigeriaAs reactions continue to trail the ongoing xenophobic attacks in South Africa, an international security expert, Yusuf Mayo has asked the South African gov
Read more »
Kano govt spends N2.4bn on 1,180 primary, secondary schools
Read more »