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RMAFC recovers N268bn from banks, others in unremitted taxes

November 27, 2018
in Business News, Latest Nigeria News, Nigeria News
RMAFC recovers N268bn from banks, others in unremitted taxes
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Image result for RMAFC recovers N268m from BanksThe Revenue Mobilisation Allocation and Fiscal Commission has recovered the sum of N268billion from Banks in Nigeria.

Acting Chairman of RMAFC, Umar Gana, said the recovery was made after probing tax remittances by banks, stamp duty collections, withholding taxes and Value Added Tax.

Gana said the commission had verified collections by banks and recovered more than N73billion on stamp duty collections alone.

 

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