The applicability of VAT to the sale of land/property has been a nagging subject of debate between tax authorities and tax consultants on one hand, who insist that property transactions are subject to VAT and, legal consultants on the other hand, who argue that the Act does not contemplate land transactions as being within the ambit of taxable goods and services in Nigeria.
via Applicability Of Value Added Tax To Real Property Transactions In Nigeria – Tax – Nigeria.
