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Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul


Bitcoin.com
2024-08-20 00:30:33

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


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