The effects of Finance Act 2020 on Capital Gain Tax and Tertiary Education Trust Fund.
O n the 31st of December 2020, the President signed a new Finance Bill into law. This Act amends various extant tax legislations and introduced new practices in the administration of tax in Nigeria. This briefing is the first of many part series aimed at sensitizing the public on the impact of the latest legislative intervention in the administration of tax in Nigeria. It considers the changes introduced into the Capital Gain Tax Act and Tertiary Education Trust-fund (Establishment) Act.
