BAF202-INTR... Q Page 1 of 4 Question La The finance Act of 2020 which came into effect att January 2021 amends 14 tax and fiscal regulations including Valoe Added Tax (VAT), and created crisis intervention fund. This is a move to increase the revenue getieration by the federal government of Nigeria, in the face of dwindling oil revenue. The state governments are contesting the position of Federal Inland Revenue Services (FIRS) on collecting the VAT in their states, and demand that the states should be allowed to receives within their territories some taxes including VAT, Personal Income Taxes PIT and Stamp Duties. Required Discuss the impact of states revenue services, collecting these taxes instead of FIRS on the Nigerian economy. (30 marks) Question 11 Write a short note to explain the following Treasury Bills II. Bonds III. Finance Bill 2020 IV. Block Chain Technology V. Preference Shares VL Forward Market Hedging VII Money Market Hedging VILI An Independent Project IX. An Expansion Project X. Research and Development project (10 marks) No plagiarism please. Thank you Question 2 Page 2 of 4