Why FIRS waived debts and penalties for tax defaulters as it provides new deadline to comply

  • The Federal Inland Revenue Service (FIRS) has granted tax waivers and penalties to defaulters
  • The service also gave the defaulting firms and individuals a December 31 deadline to comply with tax laws
  • The FIRS said that the service is poised to ensure tax compliance in Nigeria

Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.

The Federal Inland Revenue Service (FIRS) has announced a waiver on accumulated penalties and interests for outstanding liabilities until December 31, 2o23.