LAGOS — Nigeria on Thursday launched a new tax regime that officials said will expand the tax base, ease the tax burden on low-income earners and small businesses, and streamline collection and administration. The new system, based on four bills signed into law in June, came into effect despite calls for a delay by the opposition which alleged that the goverment had made unauthorised changes to the tax code. The four laws — the Nigeria Tax Law, Nigeria Tax Administration Law, Nigeria Revenue Service (Establishment) Law, and Joint Revenue Board (Establishment) Law — are a “one-stop shop,” simultaneously increasing revenue […]... Keep on reading: Nigeria kicks off new tax regime vowing relief for low earners