Nigeria: Applicability Of VAT On Rental Income- Analysis Of The TAT Ruling In NGX Real Estate Limited vs FIRS - Andersen in Nigeria
Wednesday, 29 November 2023
The Tax Appeal Tribunal ("TAT" or "the Tribunal") sitting in Lagos, on 19 October 2023, ruled that rental income derived from real estate properties is not subject to Value Added Tax (VAT).
The Tax Appeal Tribunal ("TAT" or "the Tribunal") sitting in Lagos, on 19 October 2023, ruled that rental income derived from real estate properties is not subject to Value Added Tax (VAT).
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