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Nigeria Issues First Crypto Tax Framework, Setting Regional Benchmark Including 1.5% Stamp Duty in Bitcoin and USDT
Nigeria has issued its first comprehensive tax framework for crypto and virtual assets, which includes a proposed 1.5% stamp duty collectible in Bitcoin or USDT. The framework sets a regional policy precedent that Ghana's Securities and Exchange Commission and fintech operators are expected to benchmark against as Ghana develops its own digital asset regulation.
3 sources
- Nigeria issues tax rules for crypto and other virtual assets · thecondia.com · T2
- Nigeria wants to collect 1.5% crypto stamp duty in Bitcoin, USDT · techcabal.com · T1
- JUST IN: Nigeria issues first tax framework for crypto and virtual assets · techcabal.com · T1