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Lagos issued a single tax stamp in 1938, and the Eastern Region issued income tax and revenue stamps in the 1950s. Nigeria also issued Passenger Service Charge stamps in the 1980s and a Stamp Duty stamp in 2006. Nigeria also used impressed duty stamps, and proofs for issues for Southern Nigeria and the Western State are also known.
A 1953 stamp of Nigeria. The first stamps for Nigeria were issued on 1 June 1914 following the amalgamation of all of the British colonies in the area ( Northern Nigeria Protectorate and Southern Nigeria Protectorate ). [1] [2] The first stamps were the standard King George V Empire keytype, which was also previously used for the issues of ...
An enhanced rate of the Special Stamp Duty and the Buyer's Stamp Duty was enacted by the Legislative Council on 27 February 2014 but would take effect retrospectively from 27 October 2012. The government regularly updates its Stamp Duty laws and in addition to the above, several other amendments have now been published which are also aimed at ...
Map of the world showing national-level sales tax / VAT rates as of October 2019. Additional local taxes may apply. [citation needed]A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The effective rate is the total tax paid divided by the total amount the tax is paid on, while the marginal rate is the rate paid on the next dollar of income earned. For example, if income is taxed on a formula of 5% from $0 up to $50,000, 10% from $50,000 to $100,000, and 15% over $100,000, a taxpayer with income of $175,000 would pay a total ...
Graphs of residential stamp duty land tax and rates for individuals for before and after 4 December 2014. Stamp duty land tax (SDLT) is a tax on land transactions in England and Northern Ireland. It was introduced by the Finance Act 2003. It largely replaced stamp duty with effect from 1 December 2003.
The last stamp was a 6d issued on 31 October 1905. Amalgamation. From 16 February 1906, Lagos became part of the Southern Nigeria Protectorate which then itself became part of modern Nigeria in 1914. See also. Postage stamps and postal history of Nigeria; Postage stamps and postal history of the Southern Nigeria Protectorate
The National Population Commission of Nigeria census conducted in 2006, the country’s population stood at 140,431,790, and by July 2011, had grown to 155,215,576. The median age has increased from 18.63 years in 2006 to 19 years in 2009. The dominant population group is 15-64 years (55.5%) followed by 0-14 years (41.5%).