Reps Move To Amend Companies Income Tax Act …C0NTINUE READING HERE >>>
The House of Representatives has passed for the second reading, a bill seeking amendment to the Companies Income Tax Act to provide adequate security and guarantee for businesses and companies in relation to payment of minimum tax upon losses in each assessment year.
Sponsored by the member representing Yenagoa/Kolokuma/Opokuma Federal Constituency of Bayelsa State, Hon. Oboku Abonsizeibe Oforji, the bill was read for the second time at plenary on Thursday.
It seeks to amend Section…
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