PwC Warns Nigerian Government’s Proposed Windfall Tax Could Deter Investments

PricewaterhouseCoopers (PwC), a global tax and advisory services firm, has raised concerns over the Nigerian government’s recent proposal to tax the already reported FX windfall profits of banks in 2023. In its reaction to the proposed amendment of the Finance Act and the introduction of a one-time windfall tax on commercial banks’ foreign exchange revaluation [...]The post PwC Warns Nigerian Government’s Proposed Windfall Tax Could Deter Investments appeared first on Tekedia.

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