
National Assembly of the Federal Republic of Nigeria
Finance (Amendment) Act, 2024
- Author
- National Assembly of the Federal Republic of Nigeria
- Year
- 2024
- Pages
- 7 pages
This Act amends the Finance Act, 2023 by imposing a 70% levy on realised profits from banks’ foreign exchange transactions during specified financial years. It assigns the Federal Inland Revenue Service responsibility for assessing, collecting, accounting for and enforcing payment of the levy, permits deferred…