Nigeria kicks off new tax regime vowing relief for low earners
The new system, based on four bills signed into law in June, came into effect despite calls for a delay by the opposition which alleged that the goverment had made unauthorised changes to the tax code.
The four laws -- the Nigeria Tax Law, Nigeria Tax Administration Law, Nigeria Revenue Service (Establishment) Law, and Joint Revenue Board (Establishment) Law -- are a "one-stop shop," simultaneously increasing revenue generation and reducing the tax burden on low-income earners, tax expert Chukwuema Eze told AFP.