Economic Community of West African States (ECOWAS) has decried the low contribution of Value Added Tax (VAT) to Nigeria’s tax revenue, blaming the development on policy decisions and compliance rate.
ECOWAS Director of Customs Union and Taxation, Salifou Tiemtore, made the submission yesterday in Abuja at a workshop on production of VAT expenditure for Nigeria, organised by ECOWAS Commission under the context of implementation of support Programme for Tax Transition in West Africa (PATF).
Source: guardian.ng
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