Multiple taxation of small businesses will soon be resolved-FIRS

Babatunde Fowler, FIRS Boss

The Federal Inland Revenue Service (FIRS) says incidences of multiple taxation will soon end because it has started harmonising taxes to be paid.

NAN reports that Babatunde Fowler, executive chairman of FIRS, announced this on Friday at a roundtable discussion on women and the informal sector.

The roundtable was organised by the Centre for Democracy and Development (CDD) in Abuja.

Fowler, who was represented by Clara Nnachi, senior manager on investigation, said that the administration has started harmonising taxes across states.

He said that this would give Nigerians clear direction of what tax to pay, alleging that many states hide under FIRS to tax citizens.

“Some of the taxes Nigerians complain of as being imposed on them, especially on the market women, are done by states, not FIRS,” he said.

“The Joint Tax Board as a body is working together with the FIRS to harmonise tax collection from small businesses all over Nigeria.

“We have the national tax implementation committee working on the National Tax Policy to harmonies the taxes that are being paid in different states.

“It is going to address the issue of multiple taxation.”

He expressed optimism that the government in a very short time would come up with policies on harmonised taxation.

The tax boss added that the government understood what the people, especially those in the informal sector, were going through.

He said the National Tax Standard Board was also doing a lot toward harmonisation of taxes.

With the bodies coming together in a short time, he said the federal government would be able to address the issue of multiple taxation.


About author


A prolific writer of about two decades standing experience
Related posts

Anglican Bishop blasts Nigerian govt over electricity tariff, new fuel price

Anglican Bishop blasts Nigerian government over electricity tariff and new fuel price. Following…
Read more

NITDA to partner NSIA on start-ups investment

By Raphael Jov, Abuja The National Information Technology Development Agency (NITDA) is to…
Read more

NANTS advocates border opening, compensation for impounded goods

The National Association of Nigerian Traders (NANTS), has called for the opening of the land borders…
Read more
Get latest news update now

Sign up for News headquarters Daily Digest and get trending updates tailored for you now.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.