Taiwo Oyedele, the chairman of the Presidential Tax Reform Committee, announces that new tax reforms will phase out all state-level consumption taxes except Value Added Tax (VAT). In a recent FAQ release, Oyedele clarifies that the proposed changes aim to simplify and streamline the nation’s tax system. The key change in the reforms is the … Continue reading New Tax Reforms To Standardize Consumption Taxes, Leaving Only VAT — Taiwo Oyedele