tax policy

  1. Oshiomhole Defends Tinubu's Tax Policy, Calls VAT Resistance "A Nigerian Thing"

    Nigeria Oshiomhole Defends Tinubu's Tax Policy, Calls VAT Resistance "A Nigerian Thing"

    The Digest: Senator Adams Oshiomhole has stated that resistance to paying Value Added Tax (VAT) is uniquely prevalent in Nigeria, arguing that tax compliance must be strictly enforced. The former Edo State governor described President Bola Tinubu’s tax policy as progressive, designed to place...
  2. NRS Clarifies VAT Does Not Apply to Bank Transfers, Only Service Charges

    Nigeria NRS Clarifies VAT Does Not Apply to Bank Transfers, Only Service Charges

    The Digest: The Nigeria Revenue Service has moved to clarify a critical point of tax policy: the 7.5% Value Added Tax applies only to bank service charges, not to the actual money customers transfer or deposit. In a statement issued Thursday, the NRS firmly dispelled what it called widespread...
    • Nigeria News
    • Article
    • 1 min read
    • bank charges nigeria revenue service nrs tax policy vat
    • Category: Business
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