From 1 January 2020, the Federal Inland Revenue Service (FIRS) will introduce withholding value added tax at 5% on all e-commerce goods and service transactions.
Source: fiscalsolutions.co.uk
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