Nigeria: Passed Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024, including levy regulation
Description
Passed Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024, including levy regulation
On 21 December 2023, the Senate adopted the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024 and passed it to the House of Representatives. The amendments impose a levy of 0.5% on the value of all electronic transactions conducted b…
Scope
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2023-12-21
under deliberation
2024-02-14
adopted