Tax law: VAT hits record N1tn as new sharing era begins

Tax law: VAT hits record N1tn as new sharing era begins

Nigeria’s VAT hits a record N1tn under a new sharing formula. Learn how the split now gives states 55%, the federal government 10%, and its impact. Read More: https://punchng.com/tax-law-vat-hits-record-n1tn-as-new-sharing-era-begins/

Total Value Added Tax earnings rose to N1.08tn in January as a new sharing formula commenced, altering how the proceeds are split among the Federal Government, states, and Local Governments, findings… [+11809 chars]
Tax law: VAT hits record N1tn as new sharing era begins - FHMnews