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The Federal Inland Revenue Service (FIRS) in Nigeria is responsible for the administration and collection of federal taxes, including corporate income tax, value-added tax (VAT), and personal income tax. It develops tax policies and ensures compliance with tax laws to enhance revenue generation for the government. Additionally, FIRS plays a key role in tax education and awareness, helping taxpayers understand their obligations. The agency also conducts audits and enforces tax regulations to prevent evasion and ensure fairness in the tax system.

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2d ago

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