The tax administration is considering two scenarios for the new system: A fixed percentage of VAT (e.g., 30% or 50%) will be ...
The federation account allocation committee (FAAC) shared a sum of N1.92 trillion in November to the federal government, ...
The Trump administration’s tariffs are targeting a sacred pillar of economies around the world—one that allies and rivals alike are unlikely to give up: value-added taxes. When he unveiled his ...
This morning, Finance Minister Nguyen Van Thang, on behalf of the Prime Minister, presented to the National Assembly a draft proposal outlining four key amendments to the Law on Value Added Tax (VAT).
A midnight deal that saw the National Treasury drop the VAT increase and reach a possible out-of-court settlement on the DA’s VAT case has probably saved the Government of National Unity. This is good ...
# The Prime Minister yesterday said that just 157 companies were responsible for collecting more than half of the Government’s VAT revenues during the first eight months of 2025.
A comparative look at the government's VAT incentive policy for 2021 and 2025 shows that its effectiveness is highly ...