The Federal Inland Revenue Service (FIRS) has announced a new
Tax Clearance Certificate (TCC) regime.
This was announced in a public notice by Mr. Muhammad Nami,
Chairman of FIRS.
The Service also announced it is offering a 30- day window to
enable taxpayers obtain TCC.
The new TCC regime, according to the notice, will make it easier
for taxpayers to obtain TCC.
The FIRS Chairman noted 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.
He warned that the Service will not fail to invoke the
provisions of the law, including enforcement and imposition of lieu
if it is apparent that a taxpayer has misled the FIRS to issue a
TCC.
“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 discovers 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,” the
notice read.
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