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Finance Bill Suffers Setback, Threatens 2020 Budget

Finance Bill Suffers Setback, Threatens 2020 Budget   The plan by the Federal Government to shore up its revenue base by amending seven Acts of the National Assembly relating to taxes suffered a major setback in the Senate on Tuesday. A public hearing organised by the joint...

Fed Govt To Tax Oil Companies’ Dividends

Fed Govt To Tax Oil Companies' Dividends   If the Finance Bill submitted by President Muhammadu Buhari is passed by the National Assembly, it would remove the tax exemption on dividends paid from the profits of oil companies. The Minister of Finance, Budget and National Planning, Mrs...