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What is really going on with Nigeria’s new VAT and electronic processing fees?

The news cycle in Nigeria has been dominated lately by several regulations introduced by varying financial institutions. First, the Federal Inland Revenue Service (FIRS) announced a new 5% Value Added Tax (VAT) on all online transactions from January 2020. Then the federal government unveiled plans to increase the VAT paid on all goods services to The post What is really going on with Nigeria’s new VAT and electronic processing fees? appeared first on TechCabal.
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Added September 20, 2019
from Tech Cabal