FIRS Issues 2-Week Ultimatum For Remittance of VAT and Withholding Tax, Embarks on Compliance Evaluation

The Federal Inland Revenue Service (FIRS) has issued a 14-day ultimatum to all taxable persons or tax agents who have made deductions of Value Added Tax (VAT) or Witholding Tax (WHT) on behalf of the service to immediately remit such deductions.