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VAT designed to support, not burden poor Nigerians, says Fowler

Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler, yesterday said Value Added Tax (VAT) is designed to support poor Nigerians and not create hardship for them. He explained that it is charged on consumption and capacity to consume, noting that revenue generated from VAT is channeled towards assisting the poor by providing basic amenities. Fowler […]
The post VAT designed to support, not burden poor Nigerians, says Fowler appeared first on The Guardian Nigeria News – Nigeria and World News. …

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