Details

  • Service: Tax
  • Type: Publication series, Regulatory update, White paper
  • Date: 1/16/2012

VAT Treatment of Transfer of Interest in an Oil Concession 

Federal High Court (FHC), in the case of CNOOC Exploration and Production Nigeria Ltd V. Attorney- General of the Federation & Ors recently ruled that Value Added Tax (VAT) was not applicable on the
transfer of interests in an oil concession.
Download Now
PDF files require Adobe Reader to view