The Economic Community of West Africa States (ECOWAS) is canvassing for an increase in the Value Added Tax (VAT) on luxury items like perfumes, wine and other alcoholic beverages, insisting that Nigeria remains the least VAT paying country in West Africa.
Sources:
Latest Posts in "Nigeria"
- Nigeria FIRS becomes a Peppol Authority
- Examining VAT Taxation in Nigeria: Landmark Decisions and Implications for Federalism
- Nigeria Announces 2025 Tax Reforms and Duty-Free Import Updates
- Nigerian News Agency Announces New Regime Allowing VAT Credits on Assets
- Nigeria Introduces USD300 Duty-Free Threshold for Low-Value Imports Starting September 2025
