SEC draft rule may strip free trade zone firms of tax holidays —Analysts raise concerns

Nigeria’s capital market regulator, the Securities and Exchange Commission (SEC), may effectively end the long-standing tax holiday enjoyed by Free Trade Zone Entities (FTZEs) seeking to raise funds from the public, following a provision in its newly proposed rules. The exposure draft titled “Rules for Public Offering of Securities by a Free Trade Zone Entity” […] The post SEC draft rule may strip free trade zone firms of tax holidays —Analysts raise concerns appeared first on Tribune Online .

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