Foreign companies like Google, Netflix, and Facebook paid approximately ₦2.55 trillion in taxes to the Federal Government in the first six months of 2024, according to the National Bureau of Statistics (NBS).This amount represents a significant increase of 158.76% from ₦985.27 billion collected in the preceding period of 2023. The taxes paid include Company Income Tax (CIT) and Value Added Tax (VAT).
News on: Google, Netflix, others paid ₦2.57tr tax to FG in nine months
Adaora Kaima
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