The Zaccheus of our time.
“Revenue growth is the lifeblood of a nation's economy, providing the means to fulfil essential duties to its citizens." - Acting Chairman FIRS.
The collaboration between the tax authority and the Fiscal Policy & Tax reform committee is expected to lead to qualitative economic growth and development.
The partnership between these two entities is crucial in ensuring that the tax policies implemented are effective in promoting stable and sustainable growth. The committee's mandate should help mobilize domestic resources for sustainable development by broadening the existing tax base, strengthening tax administration, and curbing tax avoidance and evasion. The tax authority's collaboration with the committee should help ensure that the tax policies implemented are in line with the needs and capacities of our nation. This will enhance our fiscal frameworks, strengthen institutions, and revamp fiscal rules to reduce debt vulnerabilities over time.
The collaboration is also expected to increase revenue in low-income states, maintaining a simplified tax system, promoting voluntary tax which in turn will restore fiscal sustainability.
📌 Read full remarks delivered by the Acting Executive Chairman, FIRS, Mr. Zacch Adedeji during the handover ceremony held today at the FIRS HQ.
REMARKS BY THE... - Federal Inland Revenue Service - FIRS
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Former Secretary General of the Senate and the House of Representatives of the Netherlands (Oud-Griffier Eerste en Tweede Kamer der Staten-Generaal)
2wAlready in the nineties Luc was active in AIM. He will certainly be in peace.