By Ibrahim Asare Tax laws shape how governments raise revenue and how citizens and businesses interact with the state. In ...
Kristy Waller with Skinner’s Grocery and Market picks a customer’s order before making a home delivery in February 2019. Opponents of a value-added tax say it could negatively impact lower-income ...
What Is Value Added Tax (VAT)? Your email has been sent Value Added Tax is a consumption tax that is levied on the sale of goods and services. Learn more about what VAT is and how it works in this ...
A study from the Potsdam Institute for Climate Impact Research (PIK) in Nature Food analyzes the ecological "footprint" from ...
Indirect taxes are a vital part of buying and selling things. Unlike direct taxes, indirect tax is only paid by the customer ...
Lower capacity countries often struggle to administer the Value Added Tax (VAT) in the extractive industries, partly due to the large VAT refunds needs of this capital and export-intensive sector.
President Donald Trump plans to unveil reciprocal tariffs against U.S. trade partners on April 2. The White House considers value-added taxes, or VATs, an unfair trade practice. VATs, similar to a U.S ...
President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and included in his new plan to impose US levies to match. “We will consider ...
In recent days, Nigerians have been inundated with reports suggesting that the Federal Government has introduced Value ...
Domestic VAT is charged on goods and services supplied within the country by businesses, at a standard rate of 16 percent.
The Nigeria Revenue Service, NRS, has clarified that the Value Added Tax, VAT, applied to banking services is not a new ...
The Nigerian Tax Act 2025 has officially exempted “stakes” from Value Added Tax (VAT), removing a key provision that previously ...