President Bola Tinubu has submitted four tax reform bills to the House of Representatives for consideration and quick passage.
In a letter addressed to the Speaker and read at plenary by Speaker Abbas Tajudeen yesterday, the President said that the bills were designed in line with the objective of his administration.
The bills are the Nigeria Tax Bill 2024 which is expected to provide the fiscal work for tax in the country, Tax Administration bill which will provide a clear and concise legal framework for all taxes in the country and reduce disputes the Nigeria Revenue Service establishment bill which will repeal the Federal Inland Revenue Service Act and establish the Nigeria Revenue Service and the Joint Revenue Board establishment bill which will create a tax tribunal and a tax ombudsman.
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