NRS Issues New Tax guidelines For Cryptocurrency, Virtual Assets
The Nigeria Revenue Service (NRS) has unveiled new guidelines outlining how virtual assets, including cryptocurrencies, will be taxed under the Nigeria Tax Act, 2025, and the Nigeria Tax Administration Act, 2025. The framework is targeted at taxpayers, Virtual Asset Service Providers (VASPs), Peer-to-Peer (P2P) marketplace operators, tax professionals and individuals involved in virtual asset transactions, […]
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