Nigeria will need to increase its value-added tax (VAT) rate to at least 10% by 2022 and 15% by 2025 from 7.5% now to boost revenues after it recovers from a recession, the International Monetary Fund said on Monday
Sources:
Latest Posts in "Nigeria"
- Nigeria’s 2025 VAT Reforms: Impact on Foreign Tech Firms and Local Tech Ecosystems
- Nigeria Extends E-Invoicing Compliance Deadline for Large Taxpayers to November 1, 2025
- Nigeria Extends E-Invoicing Compliance Deadline for Large Taxpayers to November 2025
- Nigeria Abolishes 5% Telecom Excise Duty to Boost Affordability and Service Standards
- Nigeria Abolishes 5% Excise Tax on Telecommunication Services
