PwC MSME Survey 2020

What specific challenges do you encounter with respect to paying your taxes? S Other 1% Physical harassment/intimidation by local tax collectors Absence of proper and comprehensive tax payment schedule notification or calendar Lack of fully functional tax refunds scheme at the state and federal level Absence of technology platform(s) for ease of payment of all taxes/levies charged Lack of coordination of federal & state tax agencies Source: PwC analysis PwC MSME Survey 2020 PwC Multiple taxes and levies 13% 14% 15% 16% 18% 23% Multiple taxes and levies remains a bane for tax-paying businesses in Nigeria, especially MSMEs. Furthermore, the lack of coordination between the federal and state tax agencies is also an issue. There are 36 state tax authorities in Nigeria, in addition to the Federal Inland Revenue Service (FIRS) and the local governments. Each of these entities have constitutional rights to raise taxes and this has given rise to increased tax burden and complaints from businesses. Nigeria ranked 159th out of 190 economies on PwC's ease of paying taxes index 2020. June 2020 26

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