This project is an attempt to analyze and evaluate the level of success made in the implementation and management of Value Added Tax. (VAT) was introduced in Nigeria was seen by, many as another fixed policy that may not succeed. In the contrary, this notion was proved wrong by the success of the Federal Board of Inland Revenue Services in the administration of VAT. Under the Federal Board of Inland Revenue Services, there exist a VAT directorate responsible for the management and implementation of VAT in our country Nigeria. This piece of work focused on the strategies adopted by the Federal Board of Inland Revenue Services facilitates payment by the taxable individuals. A touch is also made on the analysis and comparison of VAT with other forms of tax in Nigeria to prove its viability. Finally, the work treated the contributions of VAT to Federal, State and local government revenue and their expectations.
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