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FIRS clarifies 4% Development Levy, says it’s a consolidation under new law - Source News

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FIRS clarifies 4% Development Levy, says it’s a consolidation under new law

Nairametrics•about 1 month ago•centre•Credibility: 75/100

The Federal Inland Revenue Service (FIRS) has clarified that the much-debated 4% Development Levy on imported goods is not a new or additional burden on businesses, noting that it is a consolidation of multiple existing charges designed to simplify compliance, reduce unpredictability and strengthen Nigeria’s investment climate. The post FIRS clarifies 4% Development Levy, says it’s a consolidation under new law appeared first on Nairametrics.

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FIRS clarifies 4% Development Levy, says it’s a consolidation under new law

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