The House of Representatives on Tuesday passed the four tax reform bills passed on to the National Assembly in October 2024 by President Bola Tinubu.
The House Committee on Finance’s report, which included certain recommendations, especially in contentious areas like the Value Added Tax and inheritance tax, was reviewed and passed by the House last Thursday.
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While awaiting the Senate to similarly pass the bills, the proposed reforms are expected to be transmitted to the President for his assent in the days ahead.
Details shortly…
