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News Explorer — Nigeria Plans Crypto Industry Tax Law by September

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Aug 19, 12:19 pm
Coindesk

Nigeria Plans Crypto Industry Tax Law by September

Nigeria's Federal Inland Revenue Service (FIRS) is planning to introduce a bill to tax the crypto industry, aiming for approval by parliament in September. The executive chairman of the tax collection agency, Zacch Adedeji, stated that the plan is to establish a regulatory law as a basis for taxation. Adedeji also mentioned that other countries are implementing similar tax regulations.

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