Introduction
Recently, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, disclosed the Nigeria government's intention to collect Value Added Tax (VAT) on both domestic and international online transactions from January 2020. This proposal may be attributed to the Nigerian government's effort to shore up tax revenue to reduce budget deficit. The effort is also in consonant with the initiatives by the Organization for Economic Cooperation and Development (OECD) (i.e. Action 1) to reduce tax leakages under the Base Erosion and Profit Shifting (BEPS) project.
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