BusinessDay
Nigeria's leading finance and market intelligence news report.

Updated: FIRS appointment of banks as tax agents hits rock in court

…banks risk paying damages as Federal High Court says it is unlawful

The Federal Inland Revenue Service (FIRS) has hit its first obstacle in its decision to freeze taxpayers’ bank accounts for tax liabilities and its appointment of banks as tax-collecting agents for certain listed customers. This comes on the heels of a recent Federal High Court (FHC) judgment in the case between Ama Etuwawe (plaintiff) and…



Join now and gain unrivalled access to expert insights and analysis behind the story for just N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.