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Taxing derivatives might sound death knell on nascent segment

Wednesday, December 21, 2022 - 5 min read

Taxing derivatives might sound death knell on nascent segment. PHOTO | POOL

The government, through the Finance Act 2022 imposed taxes on financial derivative contracts. The law becomes effective next January.

The implications will be far-reaching and the impact of the scope will be wide.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

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