The Nigerian Tax Act 2025 has officially exempted “stakes” from Value Added Tax (VAT), removing a key provision that previously ...
The Punch on MSN
Businesses, traders hike prices over new tax laws
Businesses across Nigeria are hiking prices, blaming the new tax laws. Find out why officials say there's no justification ...
The Punch on MSN
Tax law: N5tn VAT windfall for states as new formula begins
Nigeria's new VAT sharing formula begins in 2026, increasing states' share to 55%. This change projects a N5.07tn revenue ...
Opinion: In 2026, businesses need to plan strategically, adapt to data-driven and automated processes, and integrate ...
China will cancel value-added tax export rebates for photovoltaic products from April 1, the finance ministry said in a joint ...
Nigeria's new VAT formula increases states' share to 55%, shifting N461.27bn to local governments and marking a pivotal ...
The presidential fiscal policy and tax reforms committee has pushed back against KPMG's critique of the new tax laws.
China introduced a 13% tax on contraceptives while exempting childcare services as the global superpower battles sustained ...
The Presidential Fiscal Policy and Tax Reforms Committee has faulted observations and reported "errors", by the KPMG, a ...
Input tax credit was upheld as the requirement of actual tax deposit by sellers was introduced only prospectively and could not be applied ...
Senator Francis Escudero on Thursday clarified that his proposal to exempt electricity sales from the 12% value-added tax ...
Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption ...
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