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  1. Companies Face ₦5m Penalty Under New Tax Law for Hiring Unregistered Persons

    Nigeria Companies Face ₦5m Penalty Under New Tax Law for Hiring Unregistered Persons

    The Digest: A new provision in the Nigeria Tax Administration Act imposes a ₦5 million administrative penalty on companies and statutory bodies that award contracts to unregistered persons. The law introduces a stringent system of fines for various tax compliance failures, including penalties...
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