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"
- Examining VAT Taxation in Nigeria: Landmark Decisions and Implications for Federalism
- Nigeria Announces 2025 Tax Reforms and Duty-Free Import Updates
- Nigeria FIRS becomes a Peppol Authority
- Nigerian News Agency Announces New Regime Allowing VAT Credits on Assets
- Nigeria Introduces USD300 Duty-Free Threshold for Low-Value Imports Starting September 2025
