FIRS To Adopt Digital Taxation In 2022 To Block Revenue Leakages

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Naijanews Jan. 21, 2022 11:47 a.m.

FIRS To Adopt Digital Taxation In 2022 To Block Revenue Leakages

He explained further that the Service had leveraged on the amendments to its enabling law to embark on“a major infrastructure overhaul, focusing on the deployment of technology for the automation of its processes and procedures, thereby deploying its home-grown integrated tax administration system, TaxPro Max.” The FIRS boss in a statement signed by his Special Assistant, Media and Communication,Johannes Wojuola,stated that the Service“will focus on compliance and enforcement strategies in 2022, by leveraging on intelligence, strategic data mining and analysis, to enhance audit and investigation functions and implementing the penalty regimes following the laws.” Nami, again urged all taxpayers, consultants, collection agents and other stakeholders in the tax system to cooperate with the FIRS to make taxation and tax revenue collection a pivot of economic growth and national development..

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