The Federal Inland Revenue Service (FIRS) issued a public notice on the statutory requirements for taxpayers to register for tax.
The registration requirement applies whether the taxpayer’s profits are exempted from tax or not. The registration is intended to enable the FIRS to maintain a reliable, accurate, and up-to-date database of all taxpayers and government agencies involved in tax revenue collection.
The database will use International Standard Industry Classification coding system to classify taxpayers based on the nature of their businesses. Taxpayers are required to complete and submit a signed input registration form containing certain information relevant to their classification code.
Read a September 2020 report [PDF 370 KB] prepared by the KPMG member firm in Nigeria
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