
FIRS: Tax, The Untaxed and the Taxables, By Salisu Na’inna Dambatta
By Salisu Na'inna Dambatta It is common truth that no country on earth, including Nigeria, is able to tax all the taxables, or even bring all the untaxed into the tax net. Tax registers everywhere rarely contain all the untaxed as required by the tax laws. Even though the Federal Inland Revenue Service (FIRS) which last tax year (2022) celebrated a record N10.1 trillion tax collection for the federation, the country wants it to generate more than that amount of money in 2023. It is a positively achievable ambition by the top tax man, Muhammadu Nami, who turbo-charged the tax gathering…