Ikeja : Stakeholders decry firs plan to commence vat collection on gambling an (Ikeja) NGN 10
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The Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has disclosed the agency’s plans to charge Value Added Tax (VAT) on gaming activities, as well as automate VAT collection from lottery operators in Nigeria. Are value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain. He disclosed this during a stakeholders’ meeting organised in conjunction with the National Lottery Regulatory Commission […] Price: NGN 10