Nigeria Revenue Service Clarifies VAT Position On Banking Charges, Dismisses New Tax Claims

The Nigeria Revenue Service (NRS) has dismissed reports suggesting that Value-Added Tax (VAT) has been newly imposed on banking services, electronic transfers, and related charges, describing such claims as inaccurate and misleading. In a statement issued in Abuja, the Special Adviser on Media to the Executive Chairman of the NRS, Mr. Dare Adekanmbi, said there … Continue reading Nigeria Revenue Service Clarifies VAT Position On Banking Charges, Dismisses New Tax Claims