Tag: Tax reform bills
Tinubu signs four new tax bills into law
Besides increased revenue generation, the laws are expected to foster an improved business environment and boost domestic and foreign investments.
Tinubu to sign four landmark Tax Reform Bills into law Thursday
The Nigeria Tax Administration Bill introduces a unified legal and operational structure for tax administration across the federal, state, and…
Bamidele speaks on Tax Reform Bills
“Besides, all businesses with N50 million capital or below will now enjoy tax exemptions. Value Added Tax will no longer…
Reps approve Tinubu’s Tax Reform Bills
The bills include the Nigerian Tax Bill, the Tax Administration Bill, the Revenue Tax Board Bill, and the Nigerian Revenue…
Tax reform bills: TUC suggests areas for review
For one, the TUC wants the threshold for tax exemptions to be increased from the current N800,000 per annum, as…
‘How tax reform bills will benefit workers,’ Oyedele replies NLC
The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms in a statement published on his X handle listed how…
Tinubu’s tax reform bills and ensuing controversies
He said that some provisions in the bills clashed with the Nigerian constitution and would not stand.
Okupe brands Tax Reform Bills opponents as Nigeria’s foes
Okupe dismissed the opposition to the bills from some quarters in the North, stating there was no justifiable reason for…
Why deliberations of tax bills should be halted – NLC
Ajaero said that the politicization of the tax bills and alienation of key stakeholders was worrisome and robbed it of…
NOA sensitises Nigerians on tax reform bills, others
The state director said that NOA was collaborating with relevant stakeholders to carry on the message on the need for…
South-East Senators declare position on Tax Reform Bills
As much as the entire senators from South East , are not against the tax reform bills before both chambers…
Explainer: How proposed VAT reform in tax bills will reduce inflation
However, unlike the 2019 VAT rate increase proposal which was not accompanied by measures to reduce costs, the current proposal…
South-south senators endorse tax reform bills
The South-south senators declared their support for Akpabio and the tax reform bills in statement signed by Senator Seriake Dickson…
Akpabio: Senate didn’t suspend deliberations on Tinubu’s tax bills
Akpabio spoke after Leader of the Senate, Opeyemi Bamidele, made the clarification when he raised Senate Point of Order 42,…
JUST IN: Senate suspends action on controversial Tax Reform Bills
Barau said the Senate, in collaboration with the Executive, agreed to establish a forum aimed at identifying and resolving contentious…
Tinubu’s tax reform bills will address fiscal challenges confronting Nigeria – Sen Nwoko
Nwoko, a member of the opposition Peoples Democratic Party, PDP and a member of the Senate Committee on Constitutional Amendment…
Tax reform bills: Obi calls for public hearing
“Furthermore, the government must sensitize the people and secure their buy-in for any policy changes. Trust and legitimacy are the…
Five Takeaways from Tax Reform Bills
As the Parliament continues engagement with strategic actors in the public and private sectors henceforth, I honestly owe all my…
Tax reform bills not to impoverish the north – Presidency
Relevant stakeholders and public analysts owe it a duty to properly educate themselves about the bills' contents and avoid misleading…
Tax Reform Bills propose new sharing Formula, cede 55% to State Govts
The Federal Executive Council had proposed the Tax Reform Bills comprising the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria…
JUST IN: Senate passes Tinubu’s Tax Reform Bills for Second Reading
This development came after Senate Leader, Senator Opeyemi Bamidele (APC, Ekiti Central), presented a lead debate on the bills, followed…
Tinubu tax reforms explained in layman’s language
The tax reform bills are four different bills that seeks to bring everything about taxation and administration of tax in…
Dissecting the Tinubu Tax Reform Bills (Part 1)
These tax reforms bills did not come out from the blues, they are products of a year worth of intense…
10 questions & answers on Tinubu’s Tax Reform Bills
The bills are seeking to merge taxes and harmonise revenue administration. The system will leverage technology for integration which will…
Why Tinubu will not withdraw the tax reform bills – Presidency
The statement said while Tinubu commended the NEC for its advice, he believed inputs and necessary changes could still be…