Bill to increase VAT, personal incomes, stamp duties, petroleum profits, customs, excise tariffs, pass 2nd reading at House of Reps

*Ossai kicks, says bill anti-peopleBy Levinus NwabughioguAn Executive bill seeking an amendment to a set of existing tax laws with the aim of increasing revenue for the government is underway in Nigeria.The bill yesterday passed second reading at the House of Representatives.The extant laws affected were the Companies Income Tax Act; Value Added Tax Act; Customs and Excise Tariff ETC (Consolidated) Act and Personal Income Tax Act.Continue reading Bill to increase VAT, personal incomes, stamp duties, petroleum profits, customs, excise tariffs, pass 2nd reading at House of Reps at Vanguard News.
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