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To account for the increasing prominence of cryptocurrencies, a new measure has been introduced to impose taxes on them. As a result, profits made from selling digital assets, like cryptocurrencies, will now be subject to a 10% taxOn May 28, Nigeria’s outgoing President Muhammadu Buhari signed the Finance Act, 2023 into law on his last day in office. This legislation introduces various tax reforms to modernize the country’s tax system. As per the new law, profits generated from selling digital assets, including cryptocurrencies, will now be subjected to a 10% tax. <a href="https://cryptosheadlines.com/nigeria-implements-10-crypto-tax-as-president-approves-finance-act/" rel="noopener noreferrer nofollow">Read More...</a>Follow Cryptos Headlines on <a href="https://news.google.com/publications/CAAqBwgKMLz3-wowvuzoAg" rel="noopener noreferrer nofollow">Google News</a>Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a>

Nigeria Implements 10% Crypto Tax as President Approves Finance Act

CryptosHeadlines.com

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