Nigerian government to address capital gains tax concerns

Nigerian government to address capital gains tax concerns

The Federal Government of Nigeria has assured investors that concerns regarding the Capital Gains Tax (CGT) will be thoroughly addressed. This review will occur before new tax laws commence on January 1, 2026.

Mr. Joseph Olasunkanmi Tegbe, Chairman of the National Tax Policy Implementation Committee, made this pledge during its inauguration in Abuja. The committee aims for a fair and transparent implementation, responding to pushback on the planned 30 percent CGT increase.

READ MORE FROM DAILY POST NIGERIA

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top