Buhari orders deployment of technology to tax digital transactions

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Buhari orders deployment of technology to tax digital transactions

Decade of blackout: Rescue us, Ondo South begs Buhari, Akeredolu

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President Muhammadu Buhari has ordered  deployment of technology to tax all digital transactions carried out across the country.

The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha disclosed this  at the 17th General Assembly and 10th anniversary of the West Africa Tax Administration Forum (WATAF) in Abuja on Tuesday.

The assembly is a high-level policy dialogue on taxation of the digital economy,  organised by the Federal Inland Revenue Service (FIRS).

Mustapha said the President gave the order to tax authority to ensure digital transactions were taxed digitally,  and the goal of their efforts was to achieve seamless digital collection and remittance of tax revenue accrued from the digital economy.

He said the President had directed the deployment of technology to good effect in revenue collection and remittance as a matter of government policy.

The SGF said FIRS had been strengthened to carry out this mandate by the President and the…



Source: Vanguard Newspaper