- 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.
Latest Posts in "Nigeria"
- Nigeria Introduces USD300 Duty-Free Threshold for Low-Value Imports Starting September 2025
- Nigeria Suspends 4% FOB Levy on Imports Amidst Economic Concerns and Tax Reforms
- Federal Government Insists on New Tax Reform Despite IATA’s Criticism Over International Treaty Violations
- Stakeholders Criticize New Tax Reforms as Nigerian Government Insists Airlines Must Pay VAT
- Nigeria to Enforce VAT on Non-Resident Digital Services from 2026
