TENANTS NOW TO PAY SIX PERCENT STAMP DUTY SAY FIRS
Channel: Wazobia Max TV
Date: 24/07/2020

THE Federal Inland Revenue Service (FIRS) has directed landlords and property agents to charge six percent Stamp Duty on all tenancy and lease agreements.

The  landlords/ property agents  are   to  remit such collections     to FIRS “so that they do not run foul of the Stamp Duty Act.”

The tax agency gave the directive through a statement on Wednesday by Director, Communications and Liaison Department Abdullahi Ahmad.


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