The Senate, through its Committee on Finance, Monday frowned at the N17trillion loss incurred by the country on tax waivers within the last five years. It consequently urged the Federal Inland Revenue Service (FIRS) to suspend the tax waivers being largely abused and substitute it with rebating system. Senate’s objection to the alleged abused tax waivers came to the fore during Read More
The post Senate furious over N17trn loss to tax waivers, FIRS insists on stopping N2.7trn fresh tax credit appeared first on Blueprint Newspapers Limited.
