PwC flags legal, compliance risks in new crypto tax rules

Key Points Main Story PwC Nigeria has raised legal and compliance concerns over the Nigeria Revenue Service’s new guidelines for taxing virtual assets, particularly around withholding tax, enforcement of peer-to-peer transactions, valuation and implementation. The firm said the guidelines provide a clearer framework for taxing cryptocurrencies, stablecoins, investment and utility tokens, governance tokens and non-fungible … Continue reading PwC flags legal, compliance risks in new crypto tax rules