A Federal Government Establishment Charged with Tax Administration in Nigeria.
Its vision is to deliver quality service to taxpayers in partnership with other stakeholders and make taxation the pivot of national development.
Benefits of tax are:
Most reliable source of revenue generation to the government
Provision of Defence and National Security
Provision of Education, Health Care Services and Social Amenities, etc
Income and Wealth redistribution
To effect changes in the country’s balance of payments with other counties
To effect the mobilization of economic resources
To influence the level of economic activities and capital formation
To combat inflation by way of fiscal policy.
