FIRS Directs Banks To Close Unauthorised Tax Collection Accounts

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The Federal Inland Revenue Service (FIRS(  has directed banks in the country to identify and close any tax and levy collection accounts not authorized under its TaxPro Max platform.

The directive to the banks was given in a public notice titled “Directive to close unauthorised FIRS tax collection accounts,” issued by the FIRS Chairman, Dr. Zacch Adedeji, and circulated to journalists on Monday by his Special Adviser on Media, Dare Adekanmbi.

According to the directive, which the Service stated was issued to promote transparency and ensure uniformity in tax collection system, requires that all tax and levy collections must now be processed exclusively through assessments generated on the TaxPro Max system.

The federal revenue agency warned that all banks participating in its collection, remittance, and reconciliation scheme must immediately comply with the directive by discontinuing the use of unauthorised accounts, and ensuring that only transactions initiated from the TaxPro Max platform are processed.

The FIRS management solicited the cooperation of the banks to ensure a smooth transition to this centralised system, thereby contributing to a more transparent and efficient tax collection process.

The FIRS’ TaxPro Max platform facilitates key tax activities, including taxpayer registration, filing of returns, payment processing, and the issuance of tax clearance certificates.

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