Multiple Taxation: Tax Payers Association Tasks FGNews Friday, October 25th, 2013
Tax Payers Association of Nigeria (TAPAN) has urged the Federal Government to urgently fix the economic malaise called multiple taxation.
TAPAN which commended the Finance Minister, Dr Ngozi Okonjo-Iweala for her position on Nigeria Multiple Taxation and consequences on the economy, also decried the cumbersome nature of tax filling processes faced by tax payers.
In a statement in Abuja signed by the Chairman, BOT Comrade Valentine Nzewkwe and President of the Association, Barrister Philip Ilokhulo, the TAPAN stated that unless the Minister’s advice are heeded, the trend could have adverse effects on business and the economy.
TAPAN which will address the nation on Oct. 27 on burning National issues said the association was concerned about multiple taxation and the use of tax payers fund in delivery the dividend of democracy.
The TAPAN while commending the President for the giant strides in the Agric, Works and Transport Sectors, wondered why some States would have 97 different taxes, levies and charges imposed on business.
According to the Association, “the Minister is right; this could kill business and have adverse effect on tax payers”.
TAPAN urged the Government to heed the advice of MAN and review the various taxes and levies on Nigerians business, to ensure effective diversification of the economy and encourage competition.
The TAPAN then called on the Federal Government and tax authorities to ensure there is transparency in the tax regime, make procedure of payment easier for tax payers.
According to TAPAN “the tax payers have been at the receiving end of very cumbersome procedure and management and use of what the majority of Nigerian tax payers. We must ensure things change”
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