- Federal High Court in Lagos ruled FIRS can collect VAT on ride-hailing services like Bolt
- Court dismissed Bolt’s appeal and upheld Tax Appeal Tribunal’s decision
- N1m costs awarded against Bolt’s operators
- Dispute began over VAT on services by independent drivers and food vendors using Bolt
- Bolt argued FIRS’s appointment of them as VAT agents was invalid
- Court found merit in one of Bolt’s arguments but upheld FIRS’s position on others
- Appeal dismissed and costs awarded to FIRS
Source: punchng.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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