NO MULTIPLE TAXATION IN NIGERIA, FOWLER INSISTS
Written by thereachfm on February 27, 2019
The Executive Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler, has said that multiple taxation does not exist in the country’s tax system.
This is just as he urged stakeholders both in the organised private and public sectors to expedite action in payment of taxes.
Speaking in an interactive session held in Lagos, with the Manufacturers Association of Nigeria (MAN) recently, the FIRS boss also solicited for more patronage of locally manufactured products in order to encourage them.
Fowler, also urged operators of micro, small and medium scale enterprises (MSME) to be innovative and do their businesses with ease, by paying a simple tax rate that would help them grow.
On his part, MAN President, Ahmed Mansur, said the collaborative engagement between the association and the agency was a commitment to the principles of public-private sector partnership.