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FIRS targets LGs to curb multiple taxation

FIRS targets LGs to curb multiple taxation
By Editor

The Federal Inland Revenue Service (FIRS) has called on authorities in local government areas to accept emblem presented to them from other parts of the country.

In a communique issued after a recent meeting of the Joint Tax Board, the FIRS said it was part of its efforts to curb multiple taxation in the country.

“To avoid incidence of double taxes, any emblem/sticker obtained in any one local government area in the country should be acceptable in other local government areas across the country,” the communique read, noting it was important to consolidate all states taxpayers’ database on a single platform.

The service also directed state tax revenue authorities to explore all non-Personal Income Tax sources in bringing about an improvement in the non-PIT to Internally Generated Revenue (IGR).

The Executive Chairman of FIRS, Tunde Fowler, said improving the IGR across the states became imperative because the country could no longer rely on proceeds from the sale of crude oil.

Read also: No Paris Club refund for states owing salaries – FG

“More so now that we can no longer rely on oil revenue as the major source of funding, we have to seek innovative ways to maximise non-oil revenue collection.

“Nigeria’s tax-to-GDP ratio is still one of the lowest in the world and we have to increase this significantly if we are to provide the funds that will give us meaningful development and take the country back to the days when things worked,” he said.

According to him, the service must provide taxpayers with the most convenient, transparent and efficient way to fulfil their tax obligation in order to maximise non-oil revenue.

Fowler added that the FIRS had been able to do this with the deployment of the six e-solutions which gave taxpayers a platform to conduct their tax transactions any day and time from any part of the world.

 

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