TWEET: The VAT and the Consumption Taxes are in conflict in Nigeria

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The VAT and the Consumption Tax are in conflict in Lagos State and in every State in Nigeria. Every State benefits from VAT revenues and should therefore not collect consumption taxes, which amounts to double-dipping and double-jeopardy. Now that a federal high court has granted “an order of perpetual injunction to restrain the Federal Inland Revenue Service from collecting tax from customers for goods and services consumed in hotels, restaurants and event centres in Lagos State”, that ruling should be made applicable nationwide.” – OHO

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