In an exclusive interview with SI Magazine, the Executive Chairman of the Federal Inland Revenue Service (FIRS) Mr Mohammed Nami explained that “Small and Macro Enterprises do not keep proper records and this stops administrative bodies from being able to access the accurate tax information”.

According to the Chairman, “the key challenge is that of the multinational companies that engages tax proficient planners to enable them defer tax or underpay tax liabilities that are due to the coffers of the Federal and State government”.

SI Magazine

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