FIRS To Commence Audit Of Taxpayers Nationwide – Fowler

Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler, Thursday, said that the Service would soon commence an audit of taxpayers across the country.

Fowler stated this in Lagos while delivering a keynote address at a stakeholders’ meeting on “Tax Administration and National Revenue”.

The stakeholders’ meeting was aimed at charting the way forward for the country’s tax administration and proffering solutions to the challenges hindering a robust tax regime.

He said that the nationwide audit would ensure improved tax revenue collection, better service delivery to taxpayers and enhanced voluntary compliance, while urging stakeholders to support efforts at repositioning the country’s tax administration system.

Fowler, who is also the Chairman of the Joint Tax Board (JTB), said that the board was determined to improve services to taxpayers at all levels.

According to him, a consolidated Taxpayer Identification Number (TIN) database was already in place under the JTB, adding that all tax laws that were not in the interest of the taxpayers were already undergoing a review process.