VATupdate

Share this post on

FIRS Clarifies Changes Introduced To Nigerian VAT Regime By The Finance Act 2019

Section 10(1) of the VAT Act extends the registration requirement to non-resident companies that carry on business in Nigeria. It appears that the Circular has now subjected non-resident persons who make taxable supplies to persons in Nigeria or to Nigerian residents, to the statutory requirement of registration.

Source: banwo-ighodalo.com

Sponsors:

VAT news
VAT news

Advertisements: