Post by Proshare (@Proshare)

Six months after Nigeria's sweeping Tax Reform Acts took effect, differing interpretations of VAT rules are creating compliance headaches for businesses. The Federal Government is acting.

Finance Minister Taiwo Oyedele has inaugurated a committee with a six-week mandate to develop a VAT Modification Order that will clarify the classification of exempt and zero-rated goods using internationally recognised Harmonised System (HS) codes.

https://proshare.co/articles/nigeria-moves-to-provide-greater-clarity-on-vat-implementation?menu=Economy&classification=Read&category=Nigeria

Six months after Nigeria's sweeping Tax Reform Acts took effect, differing interpretations of VAT ru...

0 likes · 0 comments · 0 shares