Contentious Derivation VAT: FG To Cede 5% To Bridge Shortfall

…Oyedele allays states’ fear The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee Mr Taiwo Oyedele has allayed fears by some states that the introduction of derivation Value Added Tax will lead to a lower revenue for some states. He said such fear has been taken care of by 5% to be ceded…

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