Tag Archives: Abdulhaleem Ishaq Ringim

The New Tax Reform Bills (Particularly VAT Reform): A Simple Explainer and Advisory to the Government – Abdulhaleem Ishaq Ringim

  “The derivation component (20%) has been a subject of contention for years. Lagos State, for example, collects the highest VAT not necessarily because more VAT-generating transactions occur there but because most major companies have their headquarters in Lagos. As a result, they pay VAT from activities conducted nationwide directly in Lagos—the Headquarters Effect” PEGASUS REPORTERS, LAGOS | DECEMBER 1, ...

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