The Joint Tax Board has advised all tax administrators and other revenue generating agencies in the country to adopt e-payment channels to improve the efficiency of their operations and by so doing, enhance their revenue generation.
This is even as it also urged the tax authorities to automate their tax administration system in line with the global best practices and to facilitate the ease of automatic exchange of information among tax authorities and other relevant agencies.
These were some of the key decisions taken at the Board’s 139th meeting which held from 17th to 19th December, 2017 in Sokoto.
The Theme of the meeting was “Implementation of e-payment Channels for Remittance of Taxes and Blockage of Leakages to enhance revenue generation”.
According to the communiqué issued at the end of the three-day meeting, the Board also unveiled plans to organise a training sessions for tax officers across the six geo-political zones of the country in preparation for enforcement of non compliance by taxpayers under the VAIDS with effect from 1st April, 2018.
Also, the JTB urged all tax authorities and other revenue agencies to ensure continued collaboration in areas of tax administration with emphasis on joint tax audit exercises and exchange of information.
The Board also formally admitted the Federal Capital Territory, Internal Revenue Service (FCTIRS) into the membership of the Board sequel to the passage of the FCT revenue law.
Similarly, the Nigeria Immigration Service (NIS) was admitted as a co-opted member of the Board.