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Federal Inland Revenue Service

The Federal Inland Revenue Service (FIRS) is the agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria.[1]

Federal Inland Revenue service
Agency overview
Formed1943 (1943)
Preceding agency
  • Inland Revenue Department
JurisdictionNigeria
HeadquartersAbuja
Agency executive
Websitewww.firs.gov.ng

History

Federal Inland Revenue Service (FIRS) was created in 1943. Prior to that time, its functions had been performed by the Inland Revenue Department of British West Africa.[2] The Board of Inland Revenue was created in 1958, and the service gained autonomy with the passing of the FIRS (Establishment) Act 13 of 2007.[3]

In 2003, the Federal Government of Nigeria recognized that poor service delivery in the public sector had become an urgent national issue and undertook a series of steps that lead to the entering into a Service Compact (SERVICOM) with all Nigerians in March 2004.[4] This was followed by the creation of the SERVICOM office within the Presidency to ensure the entrenchment of excellent service delivery in the public sector in policy, programmes and practice. In line with the subsequent Presidential Mandate,[5] the FIRS created a unit in 2014 to institutionalize Service Delivery within the Service. This unit has undergone various transformations to meet the tempo of ever-changing FIRS organizational reforms and the needs of taxpaying public and stakeholders. In 2011 FIRS created a Taxpayer Service Department (TPSD) for enhanced focus on taxpayers as well as National Taxpayer Advocate position (in 2012) to ensure effective high-level advocacy for taxpayers.

Leadership

Organisational structure/Board

According to the FIRS ACT, the organisational structure of FIRS consists of:[6]

  • Executive Chairman
  • Nine members with relevant qualifications and expertise appointed by the President to represent each of the 9 geo-political zones
  • A representative of the Attorney-General of the Federation
  • The Governor of the Central Bank of Nigeria or his representative
  • A representative of the Minister of Finance not below the rank of a Director
  • The Chairman of the Revenue Mobilization, Allocation and Fiscal Commission
  • The Group Managing Director of the Nigerian National Petroleum Corporation
  • The Comptroller-General of the Nigeria Customs Service or his representative not below the rank of Deputy Comptroller-General;
  • The Registrar-General of the Corporate Affairs Commission or his representative
  • The Chief Executive Officer of the National Planning Commission or his representative

President Muhammadu Buhari appointed Muhammad Mamman Nami as the new Executive Chairman of FIRS. He replaces Babatunde Fowler.[7]

Mandate and operations

Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government:[8]

  • The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [9]
  • The timely provision of tax advisory services, rulings, guidance notes and clarifications on request and to the public in general
  • The regular investigation, enforcement and prosecution of tax defaulters as provided by the law [10][11]
  • The issuance of “Taxpayer Identification Number” (TIN) at no cost to the taxpayer
  • The prompt processing of payment claims and tax refund requests received, within stated timeframes
  • Undertake appropriate actions to reduce the arrears position of the service and minimize debt profile
  • The regular and accurate reconciliation of taxes received into Federation, Consolidated and VAT the case may be [12]
  • Provision of tax education & information to taxpayers through diverse channels and languages

External links

  • FIRS Alternative Portal
  • FIRS Career Portal

References

  1. ^ "FIRS asks taxpayers to take the opportunity of a 30-day window for issuance of their tax clearance certificate - Pulse Nigeria". pulse.ng. Retrieved 2020-02-15.
  2. ^ "FIRS". firs.gov.ng. Retrieved 2020-03-01.
  3. ^ "FIRS Profile". www.firs.gov.ng. Retrieved 2020-02-16.
  4. ^ "IGP devises mechanism to look into complaints about non-registration of FIRs | Islamabad | thenews.com.pk | Karachi". thenews.com.pk. Retrieved 2020-02-15.
  5. ^ "Basic Principles Of Taxation In Nigeria". mondaq.com. Retrieved 2020-02-15.
  6. ^ George Ibenegbu. "Federal Inland Revenue Service board of directors ▷ Legit.ng". legit.ng. Retrieved 2020-02-15.
  7. ^ "Knocks, kudos over new FIRS helmsman". Daily Trust. Retrieved 2020-02-15.
  8. ^ "FIRS Federal Inland Revenue Service: Their Offices And Functions In Nigeria". GMPOSTS. Retrieved 2020-02-15.
  9. ^ Taiwo Oyedele (2020-01-02). "Agenda for the new FIRS Leadership" (PDF). pwc.com. Retrieved 2020-02-15.
  10. ^ "Proper exercise of the powers of FIRS to freeze defaulting taxpayers' accounts". Businessday NG. Retrieved 2020-02-15.
  11. ^ "Proper Exercise Of The Powers Of The FIRS To Freeze Defaulting Taxpayers' Accounts And Appoint Banks As Tax Collecting Agents :: Grey Matter // Banwo & Ighodalo". banwo-ighodalo.com. Retrieved 2020-02-15.
  12. ^ "Workers protest proposed transfer of Stamp Duty collection to FIRS". Businessamlive. Retrieved 2020-02-15.

federal, inland, revenue, service, firs, agency, responsible, assessing, collecting, accounting, other, revenues, accruing, federal, government, nigeria, federal, inland, revenue, serviceagency, overviewformed1943, 1943, preceding, agencyinland, revenue, depar. The Federal Inland Revenue Service FIRS is the agency responsible for assessing collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria 1 Federal Inland Revenue serviceAgency overviewFormed1943 1943 Preceding agencyInland Revenue DepartmentJurisdictionNigeriaHeadquartersAbujaAgency executiveMuhammad Mamman Nami Executive ChairmanWebsitewww wbr firs wbr gov wbr ng Contents 1 History 2 Leadership 3 Mandate and operations 4 External links 5 ReferencesHistory EditFederal Inland Revenue Service FIRS was created in 1943 Prior to that time its functions had been performed by the Inland Revenue Department of British West Africa 2 The Board of Inland Revenue was created in 1958 and the service gained autonomy with the passing of the FIRS Establishment Act 13 of 2007 3 In 2003 the Federal Government of Nigeria recognized that poor service delivery in the public sector had become an urgent national issue and undertook a series of steps that lead to the entering into a Service Compact SERVICOM with all Nigerians in March 2004 4 This was followed by the creation of the SERVICOM office within the Presidency to ensure the entrenchment of excellent service delivery in the public sector in policy programmes and practice In line with the subsequent Presidential Mandate 5 the FIRS created a unit in 2014 to institutionalize Service Delivery within the Service This unit has undergone various transformations to meet the tempo of ever changing FIRS organizational reforms and the needs of taxpaying public and stakeholders In 2011 FIRS created a Taxpayer Service Department TPSD for enhanced focus on taxpayers as well as National Taxpayer Advocate position in 2012 to ensure effective high level advocacy for taxpayers Leadership EditOrganisational structure BoardAccording to the FIRS ACT the organisational structure of FIRS consists of 6 Executive Chairman Nine members with relevant qualifications and expertise appointed by the President to represent each of the 9 geo political zones A representative of the Attorney General of the Federation The Governor of the Central Bank of Nigeria or his representative A representative of the Minister of Finance not below the rank of a Director The Chairman of the Revenue Mobilization Allocation and Fiscal Commission The Group Managing Director of the Nigerian National Petroleum Corporation The Comptroller General of the Nigeria Customs Service or his representative not below the rank of Deputy Comptroller General The Registrar General of the Corporate Affairs Commission or his representative The Chief Executive Officer of the National Planning Commission or his representativePresident Muhammadu Buhari appointed Muhammad Mamman Nami as the new Executive Chairman of FIRS He replaces Babatunde Fowler 7 Mandate and operations EditStatutorily and administratively the FIRS has the responsibility for the assessment collection and accounting of taxes to the Government 8 The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning academic research tax policy and development legislation 9 The timely provision of tax advisory services rulings guidance notes and clarifications on request and to the public in general The regular investigation enforcement and prosecution of tax defaulters as provided by the law 10 11 The issuance of Taxpayer Identification Number TIN at no cost to the taxpayer The prompt processing of payment claims and tax refund requests received within stated timeframes Undertake appropriate actions to reduce the arrears position of the service and minimize debt profile The regular and accurate reconciliation of taxes received into Federation Consolidated and VAT the case may be 12 Provision of tax education amp information to taxpayers through diverse channels and languagesExternal links EditFIRS Alternative Portal FIRS Career PortalReferences Edit FIRS asks taxpayers to take the opportunity of a 30 day window for issuance of their tax clearance certificate Pulse Nigeria pulse ng Retrieved 2020 02 15 FIRS firs gov ng Retrieved 2020 03 01 FIRS Profile www firs gov ng Retrieved 2020 02 16 IGP devises mechanism to look into complaints about non registration of FIRs Islamabad thenews com pk Karachi thenews com pk Retrieved 2020 02 15 Basic Principles Of Taxation In Nigeria mondaq com Retrieved 2020 02 15 George Ibenegbu Federal Inland Revenue Service board of directors Legit ng legit ng Retrieved 2020 02 15 Knocks kudos over new FIRS helmsman Daily Trust Retrieved 2020 02 15 FIRS Federal Inland Revenue Service Their Offices And Functions In Nigeria GMPOSTS Retrieved 2020 02 15 Taiwo Oyedele 2020 01 02 Agenda for the new FIRS Leadership PDF pwc com Retrieved 2020 02 15 Proper exercise of the powers of FIRS to freeze defaulting taxpayers accounts Businessday NG Retrieved 2020 02 15 Proper Exercise Of The Powers Of The FIRS To Freeze Defaulting Taxpayers Accounts And Appoint Banks As Tax Collecting Agents Grey Matter Banwo amp Ighodalo banwo ighodalo com Retrieved 2020 02 15 Workers protest proposed transfer of Stamp Duty collection to FIRS Businessamlive Retrieved 2020 02 15 Retrieved from https en wikipedia org w index php title Federal Inland Revenue Service amp oldid 1128678932, wikipedia, wiki, book, books, library,

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