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