Nigeria: FG Set to Review VAT Law

13 November 2012

Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji Kabir Mashi, said Monday that efforts were being made to review the Value Added Tax (VAT) Act in order to eliminate all inherent limitations and boost revenue from VAT.

It also emerged that total revenue from VAT had reached about N590.29 billion within the last 10-months.

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