Presidential initiatives push company income tax, VAT revenues to N9trn in 2023

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Presidential initiatives push company income tax, VAT revenues to N9trn in 2023

« on: March 19, 2024, 01:05:59 pm »

Presidential initiatives push company income tax, VAT revenues to N9trn in 2023

Reforms introduced by the Federal Government of Nigeria towards generating significant revenue through taxes have started to pay off as the country realised N4.9 trillion revenue from the Company Income Tax (CIT) in 2023 confirming that those initiatives are worthwhile. That amounted to an increase of 73 percent over N2.83 trillion realised in 2022. A […]
Source: Presidential initiatives push company income tax, VAT revenues to N9trn in 2023

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