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Com TW NOw News 2024

Nigeria to Include Cryptocurrencies in Tax Reform
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Nigeria to Include Cryptocurrencies in Tax Reform

The Nigerian government wants to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) is planning to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax revenue from crypto-related activities. The FIRS is seeking support from the Nigerian National Assembly to implement (…).