Nigeria: Finance Bill 2021 including amendments to provisions of section 30 of Companies Income Tax Act was adopted by Senate
Description
Finance Bill 2021 including amendments to provisions of section 30 of Companies Income Tax Act was adopted by Senate
On 22 December 2021, the Senate adopted the Finance Bill 2021 and sent it to the President for assent. The Bill includes amendments to the Companies Income Tax Act, specifically through Sections 13(2)(c) and 30(1)(b)(ii), which address the taxation …
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Hide details
2021-12-21
under deliberation
2021-12-22
adopted