Blockchain, others threatening tax collection

INFORMATION Communication Technology (ICT)-based inventions, such as Blockchain, Machine Learning and Artificial Intelligence (AI), are making tax collection difficult, the Federal Inland Revenue Service (FIRS) said on Tuesday.Its Executive Chairman, Mr. Muhammad Nami, warned African tax collectors of the disruptive tendencies embedded in the Fourth Industrial Revolution.Nami spoke in Abuja at the start of a three-day capacity building seminar for tax administrators from across West Africa, which the FIRS is hosting in collaboration with the West African Tax Administration Forum (WATAF) and th…

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