Tax Reform Bill to Exempt Real Estate Transactions from VAT, Boost Affordable Housing – Stakeholders
Real estate stakeholders have expressed optimism that once the Tax Reform Bill is enacted, real estate transactions will be exempt from Value Added Tax (VAT). This assurance was further reinforced by Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, who stated that the bill is designed to benefit low-income earners and […]