FIRS to impose VAT on online transactions

The Federal Inland Revenue Service (FIRS) says it will begin to impose value-added tax (VAT) on online transactions, both domestic and international, with effective from January 2020. Babatunde Fowler, FIRS executive chairman, made this known on Monday at the African Tax Administration Forum (ATAF) technical workshop that held in Abuja. Fowler said a lot of … Continue reading FIRS to impose VAT on online transactions