Panel approves tax exemption for informal sector

Taiwo Oyedele

The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) intended to exempt 95% of operators in the informal sector from any form of taxation. The Taiwo Oyedele-led panel’s plan aims to reduce the burden of several taxes on small enterprises and low-income persons. Oyedele plummeted at the end of the PFPTRC’s close-out retreat in Abuja … Read more