The passage of the anti-open grazing and value-added-tax bills by the Lagos state house of assembly dominated the headlines of Nigerian newspapers.
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The Federal Inland Revenue Service (FIRS) says the central collection of value-added tax (VAT) had prevented businesses from double taxation and hardship that could emerge through state collections. Mathew Gbonjubola,
The Chartered Institute of Taxation of Nigeria (CITN) says it is still studying a court judgement that invalidated the collection
The newly signed Finance Act 2020 ensures a balance between broader macro economic strategies to attract investments, grow the economy
The senate has asked the federal government to use one percent of the revenue accrued to it from value added
The United Kingdom says tourists will no longer enjoy tax-free shopping from January 1, 2021. The UK treasury said the