The Federal Inland Revenue Service (FIRS) recently published Information Circular No. 2023/01, which is dated 3 March 2023. The Information Circular contains guidelines on the withholding and self-account of Value Added Tax (VAT). The main parts of the guidelines include the following: --- Subject: GUIDELINE ON THE WITHHOLDING AND SELF-ACCOUNT OF VALUE ADDED TAX (VAT) This Circular is issued by the Federal Inland Revenue Service ("the Service") for the guidance of the general public, tax practitioners and taxpayers on the operation of VAT withholding regime in line with the provisions of the Value Added Tax (VAT) Act Cap VI LFN...