Here frequently asked questions answered by the Presidential Fiscal Policy and Tax Reforms Committee.
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| Frequently asked questions on taxes and tax reforms |
According to Presidency Nigeria:
Should Nigerians expect more taxes and frequent changes to the tax laws?
“We do not intend to introduce new taxes or impose higher tax rates. Rather, our mandate is to reduce the number of taxes and levies while harmonising revenue collection to reduce the burden on the people and businesses. The objective is to avoid taxing investment, capital, production or poverty. We plan to review and re-enact the major tax laws in a holistic manner thereby limiting the necessity for frequent changes through annual finance acts.”
See this and more frequently asked questions answered by the Presidential Fiscal Policy and Tax Reforms Committee
