Senate asks FIRS to suspend N17tn tax waivers
The Senate through its Committee on Finance on Monday frowned at the N17tn loss incurred by the country on tax waivers within the last five years. It consequently urged the Federal Inland Revenue Service to suspend the tax waivers being largely abused and substitute it with a rebating system. The Senate’s objection to the allegedly abused tax waivers came to the fore during the 2024 budget presentation of FIRS to […]
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