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VAT remains 7.5% as reps adopt tax reform bills
The House of Representatives on Thursday adopted four tax reform bills, maintaining the current Value Added Tax (VAT) rate at 7.5% while making significant amendments to Nigeria's tax structure.
The Citizen4d
Here’s why constitutional law expert says VAT hike should be postponed
Constitutional law expert Advocate Mark Oppenheimer told The Citizen that if the court grants the DA’s application for an ...
The New York Times13d
What Is the Value-Added Tax That Trump So Despises?
The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. By Jenny Gross and Keith Bradsher Jenny Gross reported from ...
Vanguard1mon
Tax reform bills: Reps adopt 7.5% VAT, reject increase to 15%
Abuja — The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per cent by 2030 as proposed in the Tax Reform Bills being debated ...
Vanguard1mon
Tax Reform Bills: Reps retain 7.5% VAT, reject increase to 15% by 2030
The House of Representatives has retained Value Added Tax (VAT) at 7.5%, rejecting a proposed gradual increase to 15% by 2030. The House also dismissed a proposal to reintroduce inheritance tax ...