The Nation Newspaper

Tax reform bills: VAT sharing formula tops Senate, executive parley agenda

The sharing formula for the Value Added Tax (VAT) between the federal, states and local governments is topping the agenda of discussions between the Attorney General of the Federation and the Senate ...
Naija Gist - Latest

Governors back Tinubu's tax reform bills, propose new VAT-sharing formula

The governors opposed the terminal clause for TETFUND, NITDA, and NASENI in the sharing of development levies, as well as the increase of VAT as proposed in the bills. The governors made their ...
INFORMATION NIGERIA

“We Have No Objection To NGF’s’ Proposed VAT Sharing Formula” – Taiwo Oyedele

The Nigerian Governors’ Forum (NGF) has proposed a revised Value-Added Tax (VAT) sharing formula, which has been accepted by the Presidential Committee on Tax Policy and Fiscal Reforms. Taiwo Oyedele, ...
The Nation Newspaper

Tax Reform Bill: VAT as a consumption tax

People have been talking about the proposed bill, discussing its potential, the concerns, and the necessary changes it could bring to Nigeria’s tax system. The Tax Reform Bill, with its proposed shift ...
INFORMATION NIGERIA

Governors Endorse Tax Reform Bills, Propose New VAT Sharing Formula

The Nigeria Governors’ Forum (NGF) has thrown its weight behind the tax reform bills submitted by President Bola Tinubu to the National Assembly. The Governors proposed a revised Value Added Tax (VAT) ...