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Tax reform: Northern group rejects derivation formula
« on: January 19, 2025, 01:05:59 PM »
Tax reform: Northern group rejects derivation formula

The League of Northern Democrats has rejected the derivation formula proposed in the ongoing tax reform discussions, warning that it could deepen regional inequalities if not properly defined. The group commended the Nigeria Governors’ Forum for endorsing a revised Value Added Tax sharing formula of 50 per cent based on equality, 30 per cent on


 
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