7.5% VAT

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Business

Nigeria to collect 7.5% VAT on cryptocurrency transactions fees for users

VAM News July 3, 2024 0 Comment

Voice Air Media, News Update Nigeria government is to receive a 7.5 percent Value Added Tax on Cryptocurrency transactions from users registered in the country from July 8, 2024. A popular cryptocurrency platform, KuCoin...

Nigerians to pay 7.5% VAT on Facebook ads from January

VAM News December 10, 2021 0 Comment

Social media giant, Facebook has said Nigerians will from January 1st 2022 pay 7.5 percent value-added tax (VAT) on all ad placements. The company which announced this in a statement issued on Thursday, said...