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FCT mulls law to make tax returns mandatory

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The Federal Capital Territory Administration ( FCTA) has disclosed that the FCT Internal Revenue Service (IRS), was building a data base that would mae annual filing of tax returns mandatory for all taxable persons and organizations within the territory. Chairman, FCT/IRS, Abdullahi Attah, made the disclosure when he delivered a paper on ” Understanding Revenue Generation in the FCT, Challenges and Prospects,” at a media retreat. Attah revealed that the present administration was working on new innovation and legal framework that will make residents embrace culture of mandatory tax return and stop tax evasion that has robbed government of revenues.

He further stated that new tax innovations had been used in capturing taxable residents of the territory through Bank Verifiable Numbers, BVN. He explained that about 1 million taxable people have already been registered in the system, while other 10,130 tax payers carried forward from JTB TINs.

“When we came in, we discovered that there has been non proper means of taxing people in the FCT. So, we were able to make use BVN to capture the name of payable FCT residents. We are also introducing a national approach to enforcement of tax defaulters who the law says have only 30 days to pay up or face punishment. We have also registered over 1 million taxable people and we are heading to about 10, 130 tax payers carried forward from JTB TINs. We also have other means of data generation through the National Identity Management Commission, NIMC data base,” he said.

According to Attah, the new innovation when perfected would enable tax officers legally access the files of the people that have landed properties in FCT through the data base of the Abuja Geographical Information System AGIS. This, he said, would make the owners of such properties pay appropriate taxes on them. Meanwhile, Minister of the FCT has said that the implementation of the Treasury Single Account (TSA) has helped the administration to improve its revenue generation.

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