TAX: RMAFC Explains Involvement In Monitoring, Verification - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
June 24, 2019
The RevenueMobilisation Allocation and Fiscal Commission, RMAFC says on-going monitoringand verification exercise on tax collections by Deposit Money Banks appointedby FIRS and Customs is within its mandate.
It said this ina statement issued by Mr Ibrahim Mohammed, Head, Public Relations inAbuja, adding that the exercise was in order.
Mohammed said ascontained in Section 6(1) of the RMAFC Act, 2004, the mandate provided that thecommission should have powers to among others, monitor accruals toand disbursement of revenue from the Federation Account.