Thursday, 23 February 2017

NLC, Trade unions & Action aid urge FG to immediately commence the review of all taxation treaties



   Nigeria Labour Congress, Trade Union Congress of Nigeria and Action Aid have urged the Federal Government to immediately commence the review of all taxation treaties signed with different nations and multinational companies operating within and outside Nigeria.

   They disclosed this yesterday in Abuja during the West African summit of Civil Society Organization’s, labour and tax experts on double taxation treaties, with the theme: ‘Rethinking double taxation treaties: A call for review of West African extravagant waivers’.
   The Country Director, ActionAid Nigeria, OjoboAtuluku, noted that based on the treaties, Nigeria and other West African nations were willfully giving away resources that would have been utilized for developmental projects and stressed that it was high time that the country abolished all unproductive incentives and tax breaks.
   Speaking on behalf of the NLC, its Assistant Secretary-General,  Eustace James, said the labour movement was fully in support of the call for a reversal or total review of the double taxation treaties signed by the Federal Government with other organisations and countries.

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