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Exempt tax on corporate bonds to attract market investors, SEC tells FG | TheCable

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Exempt tax on corporate bonds to attract market investors, SECNigeria tells FG | TheCable

The Securities and Exchange Commission has asked the federal government to consider its proposal to exempt corporate bonds from the payment of tax.

“We observed that the world is facing high inflation and low growth. Consequently, the World Bank, the International Monetary Fund and other economic forecasters are trimming down growth estimates with forecasts reflecting sizable downgrades to the outlook for the rest of the year and 2023,” he said.“The commission continues its engagement with the minister of finance, budget and national planning on the request for tax exemption for corporate bonds.

Speaking further at the meeting, the SEC DG announced that the revised capital market masterplan would be launched by November following its approval by the federal government.gotten the support of the federal government through the minister of finance, budget and national planning on the revised Nigerian capital market master plan .

 

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SECNigeria So who should be taxed, the farmers in the Village ?

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