VAT: ‘Robbing’ Peter to pay Paul, By Uyaietieno Okonnah

The Value Added Tax is a consumption tax levied on the supply of goods and services and is charged at 7.5 per cent of the tax base. The Value Added Tax Act (2007) empowers the Federal Inland Revenue Service as its administrative body. The Rivers State Governor, Nyesom Wike’s recent assent to the Rivers State […]

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