The Federal Inland Revenue Service has announced that the time limit for waivers of penalties and interest on outstanding taxes arising from desk examinations and audit exercises is December 31.
This was made known in a statement made by, the Director, Communications and Liaison Department of the FIRS, Mr. Abdullahi Ahmad.
While speaking Mr Ahmad advised taxpayers to fulfill their tax obligations before the expiration of the time limit so as to benefit from subsisting waivers.
According to him an order has therefore been released in this respect by the Executive Chairman of the Federal Inland Revenue Service, Mr. Muhammad Nami, in which was contained a reminder.
In the reminder Mr Muhammad Nami stated that some taxpayers are yet to utilize palliative windows opened to reduce the economical challenges on taxpayers.
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