- The Federal Inland Revenue Service (FIRS) has postponed the implementation of VAT filing procedures for non-resident suppliers of goods to Nigeria through digital platforms.
- The implementation was originally scheduled to start on January 1, 2024.
- The FIRS suspended the implementation to finalize the platform for seamless operations.
- The collection of VAT by suppliers of services and intangibles is not affected by this postponement.
- The FIRS will continue to engage with stakeholders to ensure the effective implementation of the guidelines in the future.
Source: businesspost.ng
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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