Nigeria suspends the new 5% value-added telecom tax

The Federal Government of Nigeria has suspended the proposed excise levy on communications services. On July 28, the administration suggested that it would add a new fee to the 7.5% value-added tax already in place on telecommunications services. More than 39 taxes already affect Nigerian telecom carriers. The 7.5% value-added tax (VAT) that subscribers were … Continue reading Nigeria suspends the new 5% value-added telecom tax