FG To Jail Windfall Tax Defaulting Bank Executives
Bank primary officials who refuse to comply with the one-time windfall tax on banks’ foreign currency earnings in 2023 may face imprisonment, according to a proposal by the Federal Government. Additionally, it suggested interest at the current minimum re-discount rate set by the Central Bank of Nigeria, as well as a penalty equal to 10% … Continue reading FG To Jail Windfall Tax Defaulting Bank Executives
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