FCT to charge 10% tax on proceeds from assets sales

FCT to charge 10% tax on proceeds from assets sales

The Federal Capital Territory Administration (FCTA) has inaugurated a Capital Gain Tax (CGT) Implementation Committee to boost Internally Generated Revenue (IGR) in the territory. Mr Chinedum Kelechi, the Mandate Secretary, Economic Planning, Revenue Generation and Public Private Partnership, FCTA, inaugurated the committee in Abuja on Tuesday. The News Agency of Nigeria (NAN) reports that the…

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