![TMCNet: FIRS to go after corporate tax defaulters [Sun, The (Nigeria)]](http://ift.tt/1iYUmXB)
(Sun, The (Nigeria) Via Acquire Media NewsEdge) Federal Inland Revenue Services (FIRS), last week, said it would go after corporate bodies and individuals who have not filed their tax returns and failed to voluntarily fulfill their tax obligations by due dates.
Chairman of FIRS, Alhaji Kahir Mashi, made the disclosure in Ibadan at the FIRS South-West Regional Enlarged Management Meeting (REMM).
According to him, the tax law requires companies with December 31 as their end of year accounting date to file their tax returns on or before the end of June of every year.
FIRS, however, gave a window of extension of time to August 31, 2014 to enable some companies meet the requirements of the International Financial Reporting Standard (IFRS).
Mashi therefore challenged taxpayers across the country to report unwholesome practices by any FIRS official especially in processing Tax Clearance Certificates (TCC) and Taxpayer Identification Number (TIN), saying the issuance of TCC is expected to take two weeks after a taxpayer has fulfilled all tax obligations.
Obtaining TIN is free of charge and taxpayers must be ready to speak up when there is a demand from tax officials to facilitate the issuance of TIN and TCC," he said The chairman said that efficiency and effective service delivery to taxpayers must be the bedrock for voluntarily tax compliance and that FIRS management would not compromise any unethical practice from members of staff.
"Closely linked to this is the issue of high moral and ethical conduct across our offices in the country. I appeal to you to shun unwholesome practices such as touting, forgery, connivance, tax negotiation, leakage of official documents and insubordination.
The post FIRS to go after corporate tax defaulters appeared first on The Sun News.
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