Meta, the parent company of Facebook, says Nigerian customers should update their value-added tax (VAT) identification numbers by February 25. The social media giant said this in a statement issued on Thursday. The company said it made...
Zoom Video Communications, Inc. (Zoom) says it will begin to charge 7.5 percent value-added tax (VAT) on customers in Nigeria from January 1, 2022. Zoom said this in a statement issued on Monday. “For customers with a...
The North East Development Commission (NEDC) has asked the federal government to increase allocation to it from Value Added Tax (VAT) and Ecological Fund from three to five per cent.. The NEDC’s Managing Director and Chief...
Minister of finance, budget and national planning Zainab Ahmed, has said that the federal government is considering political paths to resolve the ongoing value-added tax (VAT) tussle involving the Federal Inland Revenue Service and some...
The tax appeal tribunal (TAT) has struck out an appeal instituted by MultiChoice Africa B.V Holdings where it challenged the assessment of the Federal Inland Revenue Service (FIRS) over unpaid value-added tax (VAT) amounting to...
At the public presentation and breakdown of the 2022 Appropriation Bill yesterday, the Minister of Finance, Budget and National Planning, Zainab Ahmed, known in some circles as a “Revenue Hunter,” said lack of adequate revenue...
The Attorney-general of the federation (AGF), Abubakar Malami says the federal government is ready to challenge states at the Supreme Court over the collection of value-added tax (VAT). Speaking to state house correspondents after the federal...
The South-South Governors Forum on Monday resolved that states in the region should join the suit filed by the Federal Inland Revenue Service (FIRS) challenging the collection of Value Added Tax (VAT) by state governments. The...
The Court of Appeal in Abuja on Thursday joined the Lagos State government as a party to the appeal on the Value Added Tax (VAT) collection legal battle between Rivers State government and the Federal...
The Oyo State Government has asked the Court of Appeal sitting in Port Harcourt, Rivers State, for joinder in the suit instituted by the Rivers State Government against the powers of the Federal Inland Revenue...