Value Added Tax Modification Order for the Power Sector

Federal Government of Nigeria (FGN) is poised to change the face of VAT in the power sector with the Value Added Tax (VAT) (Modification) Order 2018 (the Order), which seeks to provide clarity on the applicability of VAT for operators in the Nigeria Electricity Supply Industry (NESI).

FEC Approves Revised National Tax Policy

National Tax Policy Implementation Committee presents report on Tax Law Reforms

The National Tax Policy Implementation Committee (NTPIC or the Committee), on Friday 2 February 2018, presented its progress report on the review of tax laws and regulations, and proposed tax reforms to the Minister of Finance (MoF), Mrs. Kemi Adeosun.