If the position of Rivers State Government is sustained and replicated by other states, it will increase the cost and time required for compliance by businesses ; in addition to the complexity of administering VAT at the subnational level such as treatment of international and inter-state transactions.” Institute of Chartered Accountants of Nigeria, ICAN.
Source: independent.ng
Latest Posts in "Nigeria"
- Nigeria Reaffirms VAT on Bank and Fintech Fees, No New Tax for Customers
- VAT Targets Luxury Services, Not Everyday Essentials, Says Dr. Ahmad
- NRS Denies New VAT on Banking Services, Clarifies Existing Tax Applies Only to Service Charges
- What You Need to Know About 7.5% VAT on Bank Charges Starting January 19
- Nigeria Revenue Service Denies New VAT on Banking Services, Clarifies Existing Tax Applies














