Nigeria’s Federal Inland Revenue Service (FIRS) recently issued a public notice providing that all Naira (NGN) denominated tax returns are to be filed via the TaxPro-Max e-filing solution with effect from 7 June 2021.
The Federal Inland Revenue Service (FIRS), as part of its efforts at modernising tax administration in Nigeria, has introduced a Tax Administration Solution (TaxPro-Max) for the ease of Tax compliance.
TaxPro-Max enables seamless registration, filing, payment of taxes and automatic credit of withholding tax as well as other credits to the Taxpayer’s accounts among other features, TaxPro-Max also provides a single-view to Taxpayers for all transactions with the Service.
To this end, and effective from 7th June 2021, the TaxPro-Max becomes the channel for filing Naira-denominated tax returns.
Source Orbitax
Latest Posts in "Nigeria"
- Nigerian Court Upholds VAT Collection by Rideshare Platforms for Food and Transport Services
- House Moves to Place VAT Under Federal Control in Constitutional Amendment Bill
- Nigeria Appoints FIRS as National Peppol Authority to Launch E-Invoicing System
- Nigeria FIRS becomes a Peppol Authority
- Examining VAT Taxation in Nigeria: Landmark Decisions and Implications for Federalism
