VAT by Consumption, Not by Lagos or PH HQ - No Fear! | Let's Analyze

Ever wondered how VAT is tracked and allocated in Nigeria? In this video, I explain the concept of location-based VAT using real-life examples from companies like MTN and Mobil Oil. Learn how mobile data, voice calls, fuel purchases, hotel bookings, and even e-commerce orders are taxed based on where they are consumed.

Discover the methods used for VAT attribution, from SIM registration and geolocation to sales invoices and delivery addresses. I also share how businesses track these transactions, the challenges they face, and why this system aims to ensure fairness in revenue distribution.

Stay tuned for clear examples, practical scenarios, and insights into the new VAT rules in Nigeria.

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VAT allocation explained
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Fuel VAT example
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