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Is VAT Applicable To Real Estate Transactions? - Business - Nairaland

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FIRS Dismisses Report Of 50% VAT Increase / Everything You Need To Know About Value Added Tax (VAT) / FEC Approves Executive Orders On VAT And Excise Duties (2) (3) (4)

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Is VAT Applicable To Real Estate Transactions? by Chiderad(m): 10:24am On Mar 01, 2021
Hello, Tax Consultant(s),

Lend a voice to these questions.

1) Is VAT applicable to property and real estate transactions, or are buyers of real estate being made to bear an unnecessary unlawful cost?

2) As a consultant, how were you able to argue out your case against the F.I.R.S on behalf of your client who's in to real estate business that is being pushed to pay VAT ?

If you've considerable experience in this, do you mind sharing how you navigated it?

Regards.
Re: Is VAT Applicable To Real Estate Transactions? by Chiderad(m): 10:47am On Mar 03, 2021
I'll appreciate a meaningful input into the questions asked above.

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