Operators task new FIRS boss on VAT, withholding tax on capital market

Operators task new FIRS boss on VAT, withholding tax on capital market

Operators task new FIRS boss on VAT, withholding tax on capital market

Capital market operators on Tuesday urged the new Federal Inland Revenue Service (FIRS) chairman to ensure the removal of Value Added Tax on capital market transactions to boost investment in the country.

They said this in separate interviews with the News Agency of Nigeria (NAN) in Lagos while reacting to the appointment of Mr. Muhammad Nami as the new FIRS chairman.

The operators said that VAT on capital market investments as well as withholding tax on dividends were discouraging investors from the market.

Continue reading Operators task new FIRS boss on VAT, withholding tax on capital market at Vanguard News.

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