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IMF questions Nigeria's high tax expenditure, VAT collection efficiency | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News - Vimarsana News

IMF questions Nigeria's high tax expenditure, VAT collection efficiency | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

Published: February 22, 2023

The International Monetary Fund (IMF) has raised concerns about Nigeria’s huge tax expenditure, estimated at four per cent of the country’s gross domestic product (DGP) or N6.8 trillion in 2021, saying the country could only achieve fiscal stability with aggressive reform of the tax system.

Source: guardian.ng
Related Topics:
Equatorial GuineaSouth AfricaInternational Monetary FundCentral AfricaFederal GovernmentSaharan AfricaExpenditure StatementHigh Tax ExpenditureSat Collection
Why southeast ranks low in VAT collection - Vimarsana News

Why southeast ranks low in VAT collection

Published: March 11, 2022

As the debate over whether the state or Federal Government should collect Value Added Tax (TAX) is yet to settle, inability to invest at home, rising insecurity, high migration rate and exportation among others have been ...

Source: guardian.ng
Related Topics:
Ogun StatePort HarcourtNigeria GeneralAnambra StateLagos StateRivers StateAbuja Federal Capital TerritoryLady Ada ChukwuedozieNnamdi KanuKachi NwabuforOhanaeze NdigboAlex OgbonniaOsita OgbuJehu Onyekwere NnajiRevenue ServiceNnamdi Azikiwe UniversityNational PublicityNdigbo Development FoundationImplementation CommitteeAlaba InternationalPresidential HotelAlaigbo Investment CompanyMeeting Of The Manufacturers Association NigeriaAlaigbo Stabilisation FundDozzy Oil
Wike signs open grazing prohibition, VAT collection bills, others into law - Vimarsana News

Wike signs open grazing prohibition, VAT collection bills, others into law

Published: August 20, 2021

Rivers State Governor, Nyesom Wike, yesterday, signed the Open Grazing Prohibition, Value Added Tax (VAT) collection and other bills into law.

Source: guardian.ng
Related Topics:
Port HarcourtNyesom WikeKelvin EbiriIkuinyi Owaji IbaniNigerian National Petroleum CorporationRevenue ServicePetroleum Industry ActHouse Of AssemblyFederation Accounts Allocation CommitteeResidents Registration Agency LawHigh CourtState GovernorOpen Grazing ProhibitionValue Added TaxSpecial AssistantFederal High CourtFederal Inland Revenue ServiceFederal GovernmentGovernment HouseValued Added Tax LawOpen RearingGrazing Prohibition LawRights Amendment LawInfrastructure LawRivers State House