Federal Taxes
Via Business Day

Buhari Backs FIRS to Collect Federal Taxes

President Buhari has backed the Federal Inland Revenue Service (FIRS) in tussle with other federal agencies in collection of federal taxes on behalf of federal government.

Challenging FIRS in collection of some of the taxes are revenue mobilization and fiscal commission and Nigeria customs service.

Also, Rivers and Lagos state government are asking courts to stop firs from collecting Value Added Tax (VAT) in their respective states.

RELATED: Buhari Sends Bill Seeking FG’s Intervention In Secondary Education

The president made the clarification at the second annual national tax dialogue in Abuja.

Buhari said that 2021 finance bill empowers only firs to solely collect taxes for federal government.

He explained that the clarification was necessary to spate tax payers of multiple tax compliance.

According to the president, multiplicity of tax administration is undesirable and creates uncertainty and instability in the economy.

READ NEXT: National Assembly Transmits Constitutional Bills to States

This Post Has 3 Comments

  1. avenue17

    It was and with me. Let’s discuss this question. Here or in PM.

  2. avenue17

    You commit an error. Write to me in PM, we will communicate.

Leave a Reply