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Double Taxation: FCT-IRS Moves To Harmonise Taxes, Levies

Double Taxation: FCT-IRS Moves To Harmonise Taxes, Levies
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ACCI Commends Moves to Harmonise Taxes within FCT


James Emejo in Abuja
The President of the Abuja Chamber of Commerce and Industry (ACCI), Alhaji Al-Mujtaba Abubakar, has welcomed the declaration by the Minister of Federal Capital Territory Administration, Alhaji Muhammad Bello on plans to harmonise tax policy within the territory to ease the burden of multiple taxation on SMEs.
He observed that multiple taxation within the FCT and the larger national economy had imposed crippling consequences on businesses, leading to several failed businesses, rising inflation and lack of capacity to engage unemployed youth among other consequences.
In a statement, he said the, “path of lower taxation to speed up the growth of the economy is a tested tool that has helped many economies.” ....

Hong Kong , Federal Capital Territory , Abuja Federal Capital Territory , South Africa , South Korea , Alhaji Al Mujtaba Abubakar , Alhaji Muhammad Bello , James Emejo , Capital Territory Administration , Abuja Chamber , Federal Capital Territory Administration , ஹாங் காங் , கூட்டாட்சியின் மூலதனம் பிரதேசம் , கூட்டாட்சியின் மூலதனம் பிரதேசம் , தெற்கு கொரியா ,