Economic Community of West African States (ECOWAS) has decried the low contribution of Value Added Tax (VAT) to Nigeria’s tax revenue, blaming the development on policy decisions and compliance rate.
ECOWAS Director of Customs Union and Taxation, Salifou Tiemtore, made the submission yesterday in Abuja at a workshop on production of VAT expenditure for Nigeria, organised by ECOWAS Commission under the context of implementation of support Programme for Tax Transition in West Africa (PATF).
Source: guardian.ng
Latest Posts in "Nigeria"
- Nigeria Customs Service Transitions from Fast Track Scheme to Authorised Economic Operator Program
- Nigeria Extends E-Invoicing Deadline for Large Businesses to November 2025
- 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
