Taxes & Tariffs | |
Taxes & Tariffs | |
2125 VIEWS | |
![]() | |
PROSHARE | |
PROSHARE |
Sunday, December 29, 2019 / 04:55PM / By
FIRS / Header Image
Credit: FIRS
Following the numerous complaints received from our esteemed taxpayers with respect to difficulties encountered before obtaining Tax Clearance Certificate (TCC) and the fact that taxpayers need TCC to enable them to, inter alia, seek and obtain contracts and loans, renew permits, registrations, franchises, agreements and/or licenses that will invariably generate revenue from which taxes will be paid, Management has looked into the above complaints and has taken steps to ease the process of obtaining TCC.
Consequently, notice is hereby given that the
Service has put in place machinery to issue 2020 TCC for all eligible taxpayers
from 2nd January to 31st January, 2020.
The Service may not hesitate to use enforcement
activities including imposition of lien on bank accounts of such defaulting
companies to recover any outstanding debts when it is discovered that the
taxpayer has misled the Service in her duty to observe tax compliance.
The issuance of TCC to ease the burden of
taxpayers is in line with the provisions of Section 101 (1) of CITA LFN 2004
and in conformity with Self-Assessment Regulation, 2011.
Taxpayers are therefore encouraged to take
advantage of this initiative and apply for their 2020 TCC, as soon as possible.
Related to FIRS
Related News