The Federal Inland Revenue Service (FIRS) has stated that the implementation of the electronic-invoicing (e-invoicing) system will boost Nigeria’s tax-to-GDP ratio by improving tax compliance, enhancing transparency and curbing revenue losses. The e-invoicing, according to the FIRS, is a merchant buyer solution which provides digital representation of transactions between suppliers and buyers, effectively replacing traditional [...]
Related Articles
Don't miss out on breaking stories and in-depth articles.