Tag - Public Finance

17 Things you need to know about Value Added Tax (VAT) Act 2007 as Amended

VAT or value added tax text on black block In the face of dwindling oil receipt by the Federal Government of Nigeria, and the likelihood that the Federal Inland Revenue Service will up their game in generating income for the government to function properly. Should this happen, businesses are likely to face pressures from the Revenue Services than they have in the past. It is therefore apposite to say that an astute entrepreneur will be in goodstead if it makes [...]

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