FG nets ₦600bn in taxes from facebook, Netflix, others The Federal Government has announced a major success in its tax collection efforts, having gathered over ₦600 billion in Value Added Tax (VAT) from international digital service providers, including Facebook, Amazon, and Netflix. The achievement was confirmed by Mathew Osanekwu, Special Adviser on Tax Policy to the Chairman of the Presidential Committee on Tax Reforms. During a workshop in Abuja on Wednesday, he explained that amendments to the VAT Act now require non-resident companies to pay VAT on services rendered in Nigeria. "These...