Windfall tax: FG to jail defaulting bank executives

Punchng | 23-07-2024 12:16pm |

The Federal Government has proposed the imprisonment of principal officers of banks who refuse to comply with the one-time windfall tax on banks’ foreign exchange profits in 2023. It also proposed a penalty of 10 per cent of the levy withheld or not remitted annually and interest at the prevailing Central Bank of Nigeria minimum Read More

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