The Chairman of the Chartered Institute of Taxation of Nigeria (CITN), Abuja District, Mr Ben Enamudu, has dispelled widespread claims that bank balances are subject to taxation under Nigeria’s new tax regime, clarifying that only certain electronic transfers attract a ₦50 stamp duty. Speaking during an interview on ARISE News on Tuesday, Enamudu said misconceptions … Continue reading No Tax On Bank Balances; Only Transfers Attract ₦50 Stamp Duty — CITN