Tinubu orders creation of single-digit tax system
President Bola Tinubu has directed a creation of a single-digit tax system with a maximum of nine taxes for a company or an individual.
Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, disclosed this in Abuja while speaking with the management team of Guinness Nigeria who paid him a visit.
A statement on Wednesday by Dare Adekanmbi, Special Adviser on Media to the FIRS chairman, quoted Adedeji as saying, “The President gave a directive that he wants a single-digit tax in the country, meaning that the maximum number of taxes we will have after the work of the Presidential Committee on Fiscal Policy and Tax Reforms will be nine taxes.”
The statement added that the plan was aimed at having a conducive environment “created for businesses to flourish and grow the economy.”
Police dispel rumour of sexual assault victim as Seyi Tinubu’s sister The Federal Capital Territory (FCT)…
Labour Party collapses into APC in Plateau In a major political development in Plateau State, the…
Niger Gov Bago makes U-turn on dreadlocks ban after backlash Governor Umar Bago of Niger State…
P-Square: Jude Okoye freed after two months detention Jude Okoye, elder brother and former manager of…
Cultists kill teen during anti-cultism walk in Lagos A 16-year-old kid named Mustapha was killed…
Just in: Factional Zamfara assembly leaders want governor to represent budget A factional House of Assembly…
