After initial hiccups and stiff opposition, both the Senate and House of Representatives have passed the harmonized Tax Reforms Bills, now waiting to be transmitted to President BolaTinubu for assent. AdedayoAkinwale reports.
Following the initial controversy generated by the four Tax Reforms Bills of President Bola Tinubu, the House of Representatives last Wednesday passed the harmonised Bills for the third reading.
The tax reform bills submitted to the National Assembly by President Tinubu were read for the first time on the 8th of October, 2024. The bills are: Nigeria Revenue Service (Establishment) Bill, the Nigeria Tax Bill, the Nigeria Tax Administration Bill, and the Joint Revenue Board (Establishment) Bill.