FG to hike VAT on luxury goods to 15%, Edun confirms

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Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has announced that the federal government would impose 15 percent Value Added Tax (VAT) on luxury goods. Edun, while fielding investors’ questions at a meeting on the sidelines of the on-going IMF/World bank Annual Meetings in Washington DC, said that a bill […]

The post FG to hike VAT on luxury goods to 15%, Edun confirms first appeared on Business Hallmark.

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