Nigeria to collect 7.5% tax on cryptocurrency transactions

Nigeria government is to receive a 7.5 percent Value Added Tax on Cryptocurrency transactions from users registered in the country from July 8, 2024. A popular cryptocurrency platform, KuCoin disclosed this in a recent email notice to users in Nigeria. “We are writing to inform you of an important regulatory update that impacts our users [...]Nigeria to collect 7.5% tax on cryptocurrency transactions

Read More