The Federal Inland Revenue Service (FIRS) has explained the
essence of automating its processes, just as the agency banks on Integrated Tax
Administration System (ITAS), reports ITRealms.
Speaking in Lagos on Friday, Acting Executive Chairman, Federal
Inland Revenue Service, Mr. Sunday S. Ogungbesan explained why they invested on
the Integrated Tax Administration System (ITAS).
“ITAS automates core tax administration processes and enables
online interface between FIRS and taxpayers,” he said.
He cited for instance the Value Added Tax (VAT) Collect system,
saying FIRS has unveiled the automated system for tracking and remittance of
Value Added Tax from key sectors.
“E-tax pay platform, online electronic system of tax payment,
which enables online payment and monitoring in real-time,” he said, just as E-filing
system, which allows electronic filing of tax returns and accompanying documentation has since been introduced.
FIRS, he said, would collaborate with Office of the
Accountant General of the Federation to ensure source deduction and remittance
of taxes from government contracts and of employees emoluments through GIFMIS
and IPPIS.
“The automation of the statutory reporting process from banks
to FIRS,” he said, is not left out.
In order to improve processes, he said, FIRS would engage
with Central Bank of Nigeria (CBN), Office of the Accountant General of the Federation
and other relevant agencies to improve collaboration
The imperativeness of organizational restructuring, he said,
led to the promotion of professionalism and effective linkage between core tax
and support functions.
“This has included strengthening of audit functions
nationwide through regionalization and deployment of core tax professionals to
oversee and it functions strengthening of taxpayer service and enforcement functions
to bring tax administration closer to taxpayers and also improve voluntary compliance
Stressing that ongoing collaboration with the Federal
Ministry of Finance and Nigerian Investment Promotion Commission would be
streamlined to tax incentives and eliminate misuse
+Remmy Nweke (ITRealms)
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