The seemingly unending contentions trailing the federal government’s tax reforms are to be appreciated as a manifestation of Nigerians’ diversity and the multiplicity of conflicting interests. These may ultimately signpost a necessity of decentralising rather than generalising fiscal and monetary issues, including tax reform and tax collection. The resurging issues on tax incidence, revenue collection and corporate or individual responsibilities in this tax reform issue indicate the wide divisions in the country concerning who pays tax and who benefits among others.
The core issue is that the size of the cake or tax collection has not been large enough, and every stakeholder wants to be on the receiving side and not on the paying side. These have been the emerging issues in the public hearings on the four tax reform bills, namely the Nigeria Tax Bill, the Joint Revenue Tax Board Bill, the Tax Administration…
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