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Nigeria’s New E-Invoicing System: Boosting Tax Administration and Compliance

  • Nigeria is planning to introduce an E-Invoicing system
  • The system aims to enhance tax administration and compliance
  • This move is expected to improve transparency and reduce tax evasion
  • The E-Invoicing system will help streamline the tax collection process
  • It is part of Nigeria’s efforts to modernize its tax system and increase revenue collection.

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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