FIRS warned banks to always remit taxes.
The Federal Inland Revenue Service, FIRS, on Wednesday announced June 30 as deadline for the remittance of tax collected by the banks on behalf of the service.
The Acting Executive Chairman of FIRS, Kabir Mashi, said at a taxpayers sensitization workshop that companies with December 31, 2013 as their accounting year-end now have up to June 30, 2014, to file their annual returns.
Organized by the Medium Tax Department of the FIRS, Mr. Mashi, who was represented by the Director, Medium Tax Department, Peter Olayemi, said FIRS frequently collaborates with its stakeholders in view of their importance in tax administration.
He said FIRS appreciates the role banks play in the tax collection process, but appealed to them to cultivate the culture of collecting the taxes and remitting them promptly to the right accounts, instead of sitting on them.
“Our bankers must cultivate the habit of promptly remitting the taxes collected on behalf of the Service,” the Chairman said. “This clarion call for prompt remittance is germane to achieving the aims and objectives of tax collection in particular and realisation of the transformation agenda of the Federal Republic of Nigeria in general, he said.
“You (the banks) are at the middle of the affairs between FIRS and the taxpayers. Your timely advice in reminding your clients (taxpayers) of their obligations and letting them know the implications of non-compliance is key to the development of our tax system.
“We sincerely believe that as partners in progress, we can collectively work together to galvanise the economy by optimising the non-oil tax revenue through mutual understanding and collaboration,” Mr. Mashi said.
The Coordinating Director, Field Operations Group, Bamidele Ajayi, urged all FIRS operators to see the opportunity of FIRS-stakeholders collaborations as avenues to building mutual trust and goodwill as partners in progress.
Mr. Bamidele was represented by the Deputy Director, MTD, Bamidele Aina.
The Minister of Finance, Ngozi Okonjo-Iweala, stressed the need for tax consultants and taxpayers to work closely with FIRS to promote voluntary tax compliance among the generality of taxpayers in the country.
“The Service decided to organise this sensitisation workshop in order to educate and inform you, our critical stakeholders, so that we can work together to realise the vision of the Service “to deliver quality service to taxpayers in partnership with other stakeholders and make taxation the pivot of national development,” he said.
The Tax Controller, Medium Tax Office, MTO, Lagos Mainland, Salami Moshood, who spoke on “Tax Returns: Stakeholders Collaboration for Voluntary Compliance and Taxpayers’ Rights and Obligations taxpayers’ rights and obligations”, interacted with taxpayers on their rights and responsibilities.
Mr. Moshood said FIRS cannot exploit the taxpayers especially regarding their rights to proper tax information, right of confidentiality, secrecy and privacy; right to be treated with respect and dignity; right to self-assessment; right to choose and appoint tax representatives or tax consultants and right to be granted refund for excess payment of taxes by taxpayers.
Other taxpayers’ rights, Mr. Moshood said, include the right to objection and appeal to tax assessment; right to be issued Tax Clearance Certificate (TCC).
On the obligations of the taxpayers, the tax controller identified honest dealings with tax authorities with respect to filing of returns and payment of taxes; keeping accounting books and records of business; registration as taxpayers and getting the Taxpayer Identification Number, TIN; filing of tax returns and payment of taxes; timely response to tax query and cooperating with tax audit and tax investigation team.
He appealed for stakeholders’ cooperation, understanding and positive actions to enhance both oil and non-oil revenue generation and mutual relationship with the FIRS.
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