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FIRS DIRECTS LANDLORDS TO CHARGE TENANTS 6% STAMP DUTY


The Federal Inland Revenue Service (FIRS) has directed landlords and property agents to charge six per cent stamp duty on all tenancy and lease agreements.

 

FIRS gave the directive in a statement by its Director, Communications and Liaison Department ABDULLAHI AHMAD.

 

The landlords and property agents, according to AHMAD are to remit such collections to FIRS so they do not run foul of the Stamp Duty Act.”

 

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