Business

December 29, 2019

FIRS gives 30-day window for Tax Clearance Certificate 

FIRS

Executive Chairman Federal Inland Revenue Service (FIRS), Muhammad Nami

FIRS executive chairman (L) and the Nigerian President, Muhammadu Buhari (R)

Emma Ujah, Abuja Bureau Chief

Executive Chairman Federal Inland Revenue Service (FIRS), Muhammad Nami, has offered a 30- day window to enable taxpayers, obtain the 2020 Tax Clearance.

He said that the offer to ease issuance of  TCC is in accordance with the provisions of Section 101 (1) of CITA LFN 2004 and in conformity with Self-Assessment Regulation, 2011.

The Chairman warned that FIRS would invoke the provisions of the  Law, including enforcement and imposition of lien should it be apparent that a taxpayer has misled the FIRS to issue a Tax Clearance Certificate (TCC).

The TCC is a requirement for obtaining contracts and other activities in the country.

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