The Economic Community of West Africa States (ECOWAS) is canvassing for an increase in the Value Added Tax (VAT) on luxury items like perfumes, wine and other alcoholic beverages, insisting that Nigeria remains the least VAT paying country in West Africa.
Sources:
Latest Posts in "Nigeria"
- Nigeria Extends E-Invoicing Compliance Deadline for Large Taxpayers to November 2025
- Nigeria Abolishes 5% Telecom Excise Duty to Boost Affordability and Service Standards
- Nigeria Abolishes 5% Excise Tax on Telecommunication Services
- Nigerian Tax Authority Extends E-Invoicing Deadline for Large Taxpayers to November 1
- New Tax Reform Act 2025 Threatens Survival of Nigerian Airlines, Warns Air Peace Chairman
