FIRS Postpones Implementation of VAT Guidelines for Non-Resident Suppliers of Goods

• The Federal Inland Revenue Service (FIRS) has suspended the implementation of VAT guidelines.
• The suspension is to allow the Service to develop a seamless process for tax collection and remittance.
• The Service will continue to engage with stakeholders for the effective implementation of the guidelines.
• The implementation of guidelines for services and intangibles by non-residents is not affected.
• The implementation of guidelines for non-resident suppliers of goods through digital platforms has been postponed.

Source: sunnewsonline.com

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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