Topic: VAT designed to support the poor, says Fowler  (Read 283 times)

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VAT designed to support the poor, says Fowler
« on: March 26, 2019, 07:06:38 PM »
VAT designed to support the poor, says Fowler

The Federal Inland Revenue Service (FIRS) has stated the Value Added Tax (VAT) is a consumption tax primarily designed to support poor people, and not to create hardship for them. Executive Chairman of the FIRS Babatunde Fowler allayed fears that the increase in VAT may cause hardship for the poor, stating that VAT is charged […]
Source: VAT designed to support the poor, says Fowler

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