There are proposals that would establish that 1 February 2020 is the effective date of the changes to the value added tax (VAT) law as enacted by the Finance Act, 2019 (signed by the president on 13 January 2020).
Source: KPMG
Latest Posts in "Nigeria"
- Nigeria’s VAT Compliance Rules for Non-Resident Digital Service Providers: Key Frameworks and Guidelines
- Nigeria Reaffirms VAT on Bank and Fintech Fees, No New Tax for Customers
- VAT Targets Luxury Services, Not Everyday Essentials, Says Dr. Ahmad
- NRS Denies New VAT on Banking Services, Clarifies Existing Tax Applies Only to Service Charges
- What You Need to Know About 7.5% VAT on Bank Charges Starting January 19
