Nigeria: Adopted Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024, including levy regulation
Description
Adopted Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024, including levy regulation
On 14 February 2024, the House of Representatives adopted the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024. The amendments impose a levy of 0.5% on the value of all electronic transactions conducted by businesses specified in th…
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