Topic: 100% VAT Increase: Good Policy, Inappropriate Timing  (Read 1391 times)

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100% VAT Increase: Good Policy, Inappropriate Timing
« on: August 16, 2015, 01:00:40 PM »
100% VAT Increase: Good Policy,  Inappropriate Timing

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The Federal Government last week reawakened talks to increase Value Added Tax (VAT) from the current five per cent to 10 per cent. Bukola Idowu reports that the move has been criticised by many as ill-timed and detrimental to the ailing economy of the country Although the amount charged in Nigeria is one of the...


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