A gazette notification has been issued announcing the list of digital services on which an 18 percent Value Added Tax (VAT) ...

Firms in SEZs enjoy a raft of incentives including a preferential 10 percent corporate tax and exemptions of import duties ...

The Value-Added Tax Should Be Having Its Moment. A national consumption levy could address what fiscally ails the US and finally be politically palatable. May 7, 2025 at 6:00 AM EDT.

At the heart of the new policy is a "refund-upon-purchase" model, which allows foreign tourists to claim value-added tax ...

President Bola Ahmed Tinubu signed a set of tax reform bills into law that will change how taxes are collected and paid in Nigeria. These reforms are designed to simplify the tax system, improve ...

Zacch Adedeji, chairman of the FIRS, says Nigeria will implement sweeping tax reforms starting January 1, 2026, under a ...

President Bola Tinubu on Thursday signed four new tax laws aimed at modernising and streamlining the country’s tax system. In ...

Executive Chairman of Edo Internal Revenue Board (EIRS), Otunba Oladele Bankole-Balogun, said the board has adopted measures ...

MORE medicines for cancer, diabetes, high cholesterol, hypertension, tuberculosis and mental diseases have been exempted from 12-percent value-added tax (VAT) by the Bureau of Internal Revenue (BIR).

As part of the reforms, the construction sector will now be subject to the standard VAT rate instead of the previously ...

The interplay of tax laws, including Goods and Services Tax (GST) in India and Value Added Tax (VAT) in other jurisdictions, significantly impacts pricing structures, compliance obligations, and risk ...