7 November 2024
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Federal Inland Revenue Service (FIRS) has ruled out introduction of additional taxes in the country.

Chairman of the FIRS, Zacch Adedeji, who stated this when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the management team of the company on a visit to the Revenue House in Abuja, disclosed further that it would abide by President Bola Tinubu’s directive on a single digit tax in the country.

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“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.

“For us at FIRS, we have responded to that directive. We want to grow the pie such that even if we are taking the same percentage of the bigger pie, the result will be huge.

“By God’s grace, we will not introduce additional taxes nor increase any form of tax. We are only determined to increase the pie. We have restructured our operations at FIRS in such a way that we are now effectively carrying out our duty of assessing, collecting and accounting for taxes. We used to have functional types of taxes, but we have identified that the only customers we have are the taxpayers,” said the FIRS boss, in a statement signed by his Special Adviser on Media, Dare Adekanmbi.

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