THE NEW VAT REGIME AND THE POTENTIAL IMPLICATION

On 13 January 2020, President Muhammadu Buhari finally signed the Finance Bill 2019 (now Finance Act 2020) into law. The Finance Act (the Act) seeks to promote fiscal equity, align local laws with global best practices, introduce tax incentives for investments in infrastructure and the capital market as well as support small businesses in line with the ongoing Ease […]