This Information circular is issued as a guide to all officers of the FIRS, Consultants and taxpayers to draw attention to the duties and responsibilities imposed on them by the tax statutes. It also aims at correcting and clarifying any ambiguity and misinterpretation that may have been created in previous circulars released by the FIRS on the subject of withholding taxes.
Many businesses generate impressive sales yet continue to struggle financially. The reason is often not a lack of customers, but weak financial management….
