Mr. Albert Folorunsho, a tax expert has advocated for review and overhauling of the Stamp Duty Act to meet the current realities in the country. Folorunsho...
The Federal Inland Revenue Service (FIRS) has tightened regulations regarding payments of Stamp Duty, Withholding Tax and Company Income Tax (CIT). This is in a bid...
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reportedly perfected plans to embark on a nationwide probe of banks over the non-remittance of stamp...
The House of Representatives has endorsed the controversial deductions of N50 from deposits into with Deposit Money Banks (DMBs) across the country using electronic platforms. The...
By Odunewu Segun The decision of the federal government to increase revenue through the collection of N50 stamp duty on bank deposit with value of N1,...
By Odunewu Segun About 22 banks in the country may come under scrutiny following discrepancies in stamp duty remittance into the Stamp Duty Account with the...
By Odunewu Segun As expected, some Nigerians have expressed their dissatisfaction on the announcement instructing all Deposit Money Banks in the country to place a N50 charge on...
By Odunewu Segun Owners of saving accounts in the country are now to pay a N50 stamp duty on each deposit made into their saving accounts...
…calls for the review of N50 stamp duty By ODUNEWU SEGUN THE recent imposition of N50 stamp duty on Nigerians for money received into their accounts...
