Businesses operating in Nigeria’s internet space are preparing to add value-added tax (VAT) to their cost of doing business. Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS)
Tag "value added tax"
The Federal Inland Revenue Service (FIRS) says it will begin to impose value-added tax (VAT) on online transactions, both domestic and international, with effective from January 2020. Babatunde Fowler, FIRS
The Federal Inland Revenue Service (FIRS) says all companies must remit value-added tax and withholding tax by the 21st day of every month. According to a statement signed by Babatunde
Risk Management Group, a company from the UK, and four other companies failed security clearance to manage an automated value added tax (VAT) collection project in the Nigerian telecommunications industry.
The revenue generated from value added tax increased by N41.53 billion in the second quarter of 2017, says the National
The Nigeria Customs Service (NCS) has revealed that it made a revenue of not less than N77.9 billion in the
Federal Inland Revenue Service (FIRS) said it collected N1.05 trillion revenue in the first quarter of 2014. It said the
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