News

U.S. tech giants Meta , X and LinkedIn have lodged an appeal against an unprecedented VAT claim by Italy that could influence ...
All budgets involve trade offs and more money for one group, naturally, means less for another group in society.
According to the new tax Act, the VAT would not be collected on petroleum products, renewable energy equipment, compressed ...
Nicholas Adams handed in bogus company tax returns to HMRC and then used the VAT repayments to pay for his 49th birthday party, flights to the UAE and luxury hotel stays.
The Federal High Court in Lagos has affirmed the decision of the Tax Appeal Tribunal, which upheld the Federal Inland Revenue ...
Import VAT reporting requires the existing custom code to be first delinked from earlier TRN and then linked to the new TRN.
Kenya stands to benefit by adopting similar technologies and methodologies to streamline the VAT refund process. Implementing ...
When Premier Recruitment filed for a value-added tax refund claim of Shs191.12m in 2022, it instead triggered a tax audit, in ...
A federal high court sitting in Lagos has affirmed the power of the Federal Inland Revenue Service (FIRS) to collect ...
FG Ministers accuse FF Minister of State of trying to ‘split hairs’ after he criticised idea of luxury hotels benefiting from ...
Bahrain - More than 700 inspection visits were carried out in the first half of this year, to ensure compliance with Value ...
The Department of Finance has confirmed the cost of reducing the 13.5% VAT rate to 9% for the hospitality sector would be €867.7m in a full year.