June 26, 2020/Cordros Report Global economy According to the Bureau of Economic Analysis, the US economy shrank by an annualized 5% in the first quarter of 2020, in line with the previous estimate and ending the most prolonged period of expansion in the country’s history. It marked the largest drop […]
Updates
Financial Markets vs. The Real Economy -IMF Weekend Read
June 26, 2020/IMF In today’s Weekend Read we focus on our latest global economic forecast and financial stability report—both released this week—the role of mobile money during the pandemic, COVID-19 and climate change, life after the crisis, and much more. On that note, let’s dive right in. STATE OF THE GLOBAL […]
FIRS Issues Public Notice on VAT (Modification Order) 2020 – Items Not Exempted from VAT
Culled—Proshare June 26, 2020 by KPMG Nigeria The Federal Inland Revenue Service (FIRS) on Wednesday, 24 June 2020 issued a Public Notice to clarify enquiries received from taxpayers on the tax exempt status of some items included in Paragraph 2 of the recently published Value Added Tax (Modification Order), 2020 […]
