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Digital startups, add tax row your checkout page for Nigeria

Nigeria’s Digital Tax and the Twitter Ban

“If you visit Amazon, we are expecting Amazon to add a VAT charge to whatever transaction you are paying. I am using Amazon as an example. We are going to be working with Amazon to agree to be registered as a tax agent for the FIRS [Nigeria's tax agency]. So Amazon will now collect this payment and remit to FIRS, and this is in line with global best practice. We have been missing out on these revenue streams,” Zainab Ahmed, Nigeria's minister of finance.

In this piece, Samuel Nwite explains the state of digital taxation in Nigeria and what to expect in 2022. Digital startups, in your checkout page, it is time to add Nigeria Tax row because the government wants that.