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Senate passes Finance Act amendment Bill

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Last week, President Bola Tinubu requested that the Finance Act 2023 be amended to impose and charge windfall tax on banks and provide for tax administration and related matters.

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The bill, he said, sought to amend the Finance Act 2023 to provide for the imposition of Windfall Tax, assessment and review of profit declarations. PREMIUM TIMES delivers fact-based journalism for Nigerians, by Nigerians — and our community of supporters, the readers who donate, make our work possible. Help us bring you and millions of others in-depth, meticulously researched news and information.

 

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