FG PROPOSES NIN, TAX FOR FOREIGNERS
Afia Radio
The Federal Executive Council is proposing an amendment to the National Identity Management Commission Act No. 23, 2007 to allow for foreigners living in the country to be issued the National Identification Number.
The Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, revealed this while briefing State House Correspondents at the Aso Rock Villa, Abuja, on Wednesday.
Onanuga noted that, FEC also proposed the Economy Stabilisation Bill to pave the way for the taxing of foreigners living and working in Nigeria.
He explained that, the two proposed legislation are aimed to expand the scope of registrable persons to include foreign individuals with the taxable presence or taxable source of income in Nigeria, and make provisions for the mandatory use of National Identification Number for transactions which are relevant for tax administration, and for related matters.
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