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Tag Archives: Internal Revenue Service

Property Tax in FCT approved by National Assembly

Significant reduction in construction activity in the FCT

The two chambers of the National Assembly have passed into law a bill which seeks the establishment of the Federal Capital Territory Internal Revenue Board. The bill, among others, empowers the Federal Capital Territory Administration to establish its own Internal Revenue Board which would have, among others, the legal powers to collect tax on property.According to the harmonised report of ...

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