Tax defaulters, FIRS inaugurates tracking system — ZaMusic2020

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Tax defaulters, FIRS inaugurates tracking system

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Tax defaulters, FIRS inaugurates tracking system

A national intelligence gathering system to gather data and track all tax evaders and defaulters in the country has been launched by the Federal Inland Revenue Service, FIRS.

The move is aimed at bringing tax defaulters to book as well as ensuring that they pay their fair share of taxes to the country.

The Executive Chairman, FIRS, Mr. Muhammad Nami, said this on Wednesday in Abuja during an inter-agency collaborative visit to the Chairman, Independent Corrupt Practices and Other Related Offences Commission, Prof. Bolaji Owansanoye.

Nami, according to a statement from the FIRS on Wednesday night, also said that the service was restructuring and revamping its system to enable it meet and even surpass its 2020 revenue target.

The statement was signed by the Director, Communications and Liaison Department, Abdullahi Ahmad.

The FIRS boss said the intelligence gathering system was information and communication technology-based and was being implemented in close collaboration with the ICPC and other anti-corruption agencies as well as financial institutions.

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This, he stated, would help to tackle economy-based crimes, including money laundering.

Nami said, “The ICPC is our critical stakeholder. We are improving our collaboration with the ICPC to track tax fraud and block all revenue leakages to ensure that we raise the revenue for the government of Nigeria to fund its budget.

“We need the data and intelligence which you have to help us track tax evaders and bring them into the tax net.”

Responding, Owasanoye said the ICPC was open to share data with the FIRS to track tax defaulters, evaders and tackle illicit financial flow in Nigeria.

This, according to him, would enable government raise its revenue profile in order to fund development projects.

 

 


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