Plus234Feed

Nigeria Collaborates with 100 Countries to Track Remote Workers for Tax Compliance

Business1 min read

The Federal Government of Nigeria, through the chairman of the Presidential Committee on Fiscal Policy Tax Reform, Taiwo Oyedele, has announced a partnership with over 100 countries to track remote workers and enforce tax compliance. This initiative is part of efforts to strengthen tax enforcement and improve compliance, particularly among online income earners.

The government has already begun receiving data from these countries to identify Nigerian assets abroad and ensure tax obligations are met. Oyedele emphasized the need for every Nigerian, whether employed by local or foreign companies, to declare their income to avoid penalties.

The move is designed to address taxation challenges in the digital economy and enhance revenue generation for the country.

Plus234Feed summary based on reporting from News Online Nigeria. Read the original report below.

Read full article

Continue on News Online Nigeria

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.