RMAFC, Tinubu Panel Differ on VAT Allocation Formula
The Presidential Fiscal Policy and Tax Reforms Committee and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) are at odds over the constitutional authority to manage and distribute Value Added Tax (VAT) revenues. Both entities advocate for tax reforms but differ sharply on constitutional interpretations and the implications for revenue sharing. RMAFC’s Position: Defending Constitutional…