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Nigerian No 1 Tax Man Has A Message For Nigerians: No Tax Clearance No Traveling Out….

Nairametrics by Nairametrics
April 2, 2014
in Uncategorized
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The Federal Government has said it is working on an arrangement where the presentation of the Tax Clearance Certificate will be made a compulsory requirement for Nigerians who intend to make overseas travels.

The Acting Executive Chairman, Federal Inland Revenue Service, Alhaji Kabir Mashi, stated this on Tuesday in Abuja at the Centennial Trade Fair organised by the Abuja Chambers of Commerce, Industry, Mines and Agriculture.

The TCC is a document issued by the FIRS or by states’ Boards of Internal Revenue indicating the holder has been cleared of his tax liabilities in the past three years from the day of issuance.

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“For a few who may have decided to still run against the law, please note that very soon, you won’t be able to do business or travel abroad, I mean to any part of the world, without evidence of tax payment and attestation, otherwise called the Tax Clearance Certificate,” the FIRS boss said.

Mash was represented by the Coordinating Director, Direct Reports Group, FIRS, Mrs. Queensley Seghosime, noted that it was against the law to do transactions with companies and entities that had no Taxpayer Identification Number.

Source: Punch

 

Tags: News Review
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Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Comments 2

  1. Anonymous says:
    June 24, 2015 at 6:41 pm

    Really, we are going to “lock up” someone for not paying taxes? What happens in case of medical emergencies? Now we have to make exceptions here and there.
    We need new ideas to tax collection (:)

    Reply
  2. Anonymous says:
    June 24, 2015 at 7:47 pm

    Really ? You are going to imprison people because they have not paid their tax? What happens in the case of emergency medical travel? Would the President have to sign an exception?

    Reply

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