Added Tax (VAT) for Registered Business Enterprises (RBEs) has undergone a significant recalibration. With the issuance of Revenue Regulations (RR) No. 1-2026, the Bureau of Internal Revenue (BIR) has ...
Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. On March 11, 2025, the Council of the European Union formally ...
In a significant shift for Nigeria’s fiscal landscape, the 36 state governments received a combined N551.77 billion as their ...
THE GOVERNMENT will have to expand the tax base to make the proposed reductions in value-added tax (VAT) sustainable, and may need to resort to a crackdown on transactions currently exempt from VAT, ...
The tribunal agreed with the KRA’s argument that only insurance agencies, insurance brokerage, and securities brokerage services had been spared from VAT by the High Court.
The European Commission has recently released the revised proposals for the ‘VAT in the Digital Age’ (ViDA) reform, which are slated to be discussed by the Economic and Financial Affairs Council ...
A year after 2025’s Budget bungle over a proposed increase in value-added tax, the DA has scored a court victory that will curtail the power of the minister of finance.
The National Bureau of Statistics (NBS) says value-added tax (VAT) stood at N2.28 trillion in the third quarter (Q3) of 2025.
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