What is taxable income in Nigeria?
The system of taxation is a significant basis for the economy of any country. Every citizen is obligated by law to pay tax. In this post we will tell you what is taxable income, and how important it is for the state.
Importance of taxes and taxable income in Nigeria
Tax plays a main role in building up markets, institutions, and democracy in the country. Tax system helps to develop the economic situation in the country. It is the main source of government revenue that regulates the economic sectors of the state.
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