The Chairman of the Federal Inland Revenue Service , Zacch Adedeji has allayed fears by a cross section of Nigerians about the possible introduction of new taxes through the new Proposed tax reform policies by President Tinubu.
Nigeria’s Chief Tax master , disclosed this when he appeared before the Senate’s Committee on Finance to explain the new tax reforms and its purpose.
It is an interactive session between the Senate Committee on Finance , and the Chairman of the Federal Inland Revenue Service on the components of the proposed tax reform policies of the Federal Government.
The Bills before the National Assembly for its Consideration includes , THE Nigeria Tax Bill, Nigeria Tax Administration Act, Joint Revenue Service Bill and Joint Revenue Board Establishment Bill.
The Chairman of the Federal Inland Revenue Service ,Mr Adedeji, tells the lawmakers that the proposed tax reforms bills are not intended to impose fresh taxes on Nigerians or merge any agency that will lead to Job loss.
He says the Bills seeks to harmonise the multiple tax laws in the Country to reduce the number of taxes paid by Nigerians.
The lawmakers advised the FIRS to be more deliberate in enlightening the public on the components and modalities of the bill to avoid misconceptions.
The bill will be subjected to a Public Hearing that will be organised by the Senate’s Committee on Finance involving all relevant authorities and other stakeholders for further legislative action.
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