Last Notes
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📰 NRS Subjects Corporate Crypto Income To 30% Tax
🗓️ Aug 03 2026 16:31 UTC - Chris UGWU
Medium and large companies in Nigeria that earn income from cryptocurrency and other virtual asset transactions will now be subject to a 30 per cent
➤ Nigeria's Revenue Service (NRS) has introduced new guidelines imposing a 30% corporate income tax on medium and large companies earning income from cryptocurrency and virtual asset transactions.
➤ These guidelines aim to regulate the expanding digital asset market and provide clarity on taxation for various participants, including VASPs and P2P operators.
➤ The tax applies to profits from activities like trading, exchanges, custody, mining, and DeFi, with a clarification that merely holding assets does not trigger tax liability until disposal.
#nigeriarevenueservice #corporateincometax #cryptocurrency #virtualassets #taxguidelines #digitalassets #taxableincome #nrs #presidentbolatinubu #vasps
🔗 Read more at: https://rwatimes.io/articles/thewhistler-nrs-subjects-corporate-crypto-income-to-30-tax-561272864
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📰 NRS Subjects Corporate Crypto Income To 30% Tax
🗓️ Aug 03 2026 16:31 UTC - Chris UGWU
Medium and large companies in Nigeria that earn income from cryptocurrency and other virtual asset transactions will now be subject to a 30 per cent
➤ Nigeria's Revenue Service (NRS) has introduced new guidelines imposing a 30% corporate income tax on medium and large companies earning income from cryptocurrency and virtual asset transactions.
➤ These guidelines aim to regulate the expanding digital asset market and provide clarity on taxation for various participants, including VASPs and P2P operators.
➤ The tax applies to profits from activities like trading, exchanges, custody, mining, and DeFi, with a clarification that merely holding assets does not trigger tax liability until disposal.
#nigeriarevenueservice #corporateincometax #cryptocurrency #virtualassets #taxguidelines #digitalassets #taxableincome #nrs #presidentbolatinubu #vasps
🔗 Read more at: https://rwatimes.io/articles/thewhistler-nrs-subjects-corporate-crypto-income-to-30-tax-561272864
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📰 Solowin’s Stablecoin Receives Sharia Certification, Marking a First for Regulated Digital Assets
🗓️ Aug 03 2026 16:30 UTC - NewsRamp.com
Solowin Holdings' AXBHD stablecoin has become the first central bank-regulated stablecoin to receive Sharia certification, potentially opening doors to Islamic finance markets.
➤ Solowin Holdings' AXBHD stablecoin has achieved Sharia certification, making it the first central bank-regulated stablecoin to do so.
➤ This certification opens the door for participation from Islamic finance markets, a sector valued at over $2 trillion globally.
➤ The move by Solowin, a regulated fintech company, could set a precedent for other stablecoin issuers seeking to tap into this compliant investor base.
#solowinholdings #axbhdstablecoin #shariacertification #islamicfinance #regulateddigitalassets #centralbankregulated #shariyahreviewbureau #assettokenization #fintech
🔗 Read more at: https://rwatimes.io/articles/citybuzz-solowins-stablecoin-receives-sharia-certification-marking-a-first-for-regulated-digital-assets-1564648602
📰 NRS Subjects Corporate Crypto Income To 30% Tax
🗓️ Aug 03 2026 16:31 UTC - Chris UGWU
Medium and large companies in Nigeria that earn income from cryptocurrency and other virtual asset transactions will now be subject to a 30 per cent
➤ Nigeria's Revenue Service (NRS) has introduced new guidelines imposing a 30% corporate income tax on medium and large companies earning income from cryptocurrency and virtual asset transactions.
➤ These guidelines aim to regulate the expanding digital asset market and provide clarity on taxation for various participants, including VASPs and P2P operators.
➤ The tax applies to profits from activities like trading, exchanges, custody, mining, and DeFi, with a clarification that merely holding assets does not trigger tax liability until disposal.
#nigeriarevenueservice #corporateincometax #cryptocurrency #virtualassets #taxguidelines #digitalassets #taxableincome #nrs #presidentbolatinubu #vasps
🔗 Read more at: https://rwatimes.io/articles/thewhistler-nrs-subjects-corporate-crypto-income-to-30-tax-561272864
