Tax Reform Bills Propose New Sharing Formula, Cede 55% To States

…Mull Zero VAT On Exports, Essential Consumption …Reduce Company Income Tax From 30% To 25% …Pass 2nd Reading At Senate, Reps Hold Special Session Tuesday ABUJA – The Senate on Thursday resumed its de­bate on the Tax Reform Bills, a set of four legislative proposals to increase value-added tax (VAT) distribut­able to the subnational govern­ments […]

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