KRA to net Sh5.2 billion from inflation taxes
The taxman projects to collect an extra Sh5.2 billion from the inflation adjustment on excisable goods including beer, cigarettes, fruit juice and bottled water.
Source: businessdailyafrica.com
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The VAT quagmire: An analysis of the decision of the Port-Harcourt Division of the Federal High Court of Nigeria - in the case of The Attorney General of Rivers State V The Federal Inland Revenue Service & Attorney General of The Federation | Dentons
Introduction - Value Added Tax (“VAT”) is a major source of income for the Federal Government of Nigeria (“FGN”). In 2020, the FGN generated N1.54trillion from VAT...
Source: jdsupra.com