The Chairman of the Presidential Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, on Tuesday disclosed that the administration of President Bola Tinubu was working to reduce taxes from the current 62 to a maximum of nine, to create a more business-friendly environment in the country.
Oyedele, disclosed this at the 2023 annual conference of Institute of Chartered Accountants of Nigeria, ICAN, in Abuja on Tuesday.
According to him, the step had become imperative, as the current multiplicity of taxes had made tax administration cumbersome and ineffective.
