President Bola Ahmed Tinubu government has announced the Value Added Tax Direct Initiative to enable FG to collect taxes from the informal sector.
Daily post reports that The Federal Inland Revenue Service, FIRS, disclosed this in a statement through its Twitter handle on Monday.
FIRS is expected to partner with the Market Traders Association of Nigeria, MATAN, to collect & remit VAT from their members, especially those in the informal sector.
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