House Of Reps Amend Tax Bill, Maintain 7.5% VAT, Remove Others

The House of Representatives Committee on Finance has amended key provisions of President Bola Tinubu’s tax bill, addressing concerns raised by stakeholders during a public hearing in February. The revisions targeted contentious areas, including VAT rates, funding for government agencies, and taxation of free trade zones. Among the notable changes, lawmakers rejected the proposed increase … Continue reading House Of Reps Amend Tax Bill, Maintain 7.5% VAT, Remove Others