
Ambrose Efe
@AmbroseXchange • 2,430 subscribers
💡| Crypto educator. 📉| No 1 crypto trader. 📈| Swift trades 💰| profits only. Best place to buy and sell crypto.
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Transaction narration will not save us 100% from paying tax. Your narration must align with your transaction volume and frequency. If you transfer ₦5m and label it “food,” what exactly is the recipient eating, a whole cow every day? If in one month you make 30 transactions totaling ₦100m and 80–90% are tagged “gift,” “upkeep,” or “debt,” These people no dumb too. The focus is not on people doing ₦5k and ₦10k transfers. Tax enforcement targets high-volume, high-value transactions. The whales, not the regular citizens except you’re involved in large transfers, then you go need to explain the source of wealth. Next year na war oo! God will help us, just make sure you use narrations that are worth the amount.
Mr Ambrose Efe123,733 просмотров • 5 месяцев назад
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