
National Assembly of the Federal Republic of Nigeria
Finance (Amendment) Act, 2024
- Author
- National Assembly of the Federal Republic of Nigeria
- Year
- 2024
The Finance (Amendment) Act, 2024 amends the Finance Act, 2023 to establish a windfall levy on banks, specifically targeting profits realized from foreign exchange transactions between 2023 and 2025. It outlines the responsibilities of the Federal Inland Revenue Service in assessing and collecting this levy,…