Eighty per cent of taxable Nigerians do not have a taxpayer identification number and are therefore not paying taxes, the Chairman , Edo State Internal Revenue Service (EIRS), Sir Oseni Elemah,has revealed.
Elemah told NAN at the ongoing Annual Tax Conference (ATC) organised by the Chartered Institute of Taxation (CITN) in Abuja that such had paved way to high tax evasion and avoidance.
The Taxpayer Identification Number (TIN) is a unique number allocated and issued to identify a person (individual or Company) as a duly registered taxpayer in Nigeria.
He stressed that the huge and massive leakages in Nigeria tax system as …Read More
Source:: PM Newspaper