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Alphabetical Index:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Value Added Tax (VAT)
This is a consumption tax levied on the value added to a product at each stage of its manufacturing cycle as well as at the time of purchase by the ultimate customer. This was started in Nigeria in January of 1994 and it is currently levied at 5%.
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