for implementing tax relief programmes for individual taxpayers and businesses to mitigate COVID-19 impact.
The virtual meeting, according to the statement, was held under the States’ Fiscal Transparency, Accountability and Sustainability Programme for Results, midwifed by the Federal Ministry of Finance, Budget and National Planning .“These efforts are being incentivised by a new Disbursement Linked Indicator under the FMFBNP World Bank $750 million SFTAS Programme for Results.
The statement disclosed that the 36 states were introducing tax relief programmes to mitigate the impacts of the COVID-19 pandemic on businesses and individual taxpayers and ensure the speedy recovery of State economies. It noted that while some states were also offering rebates or discounts on taxes paid within a specific period, others were allowing the payment of taxes, fees and levies among others in instalments.
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