In furtherance of its sustained drive to digitalize revenue collections at the federal level, the Federal Inland Revenue Service (FIRS) has introduced a self-registration module on the Tax-Pro Max platform.
The revenue agency, in a public notice signed by its Executive Chairman, Dr. Zacch Adedeji, indicated that the initiative was part of reforms towards improving the ease of doing business and matching customer-centric approach and urged corporate taxpayers to take advantage of the new feature on the platform.
With the latest innovation, every newly registered business entity can now complete their registration with the FIRS by following the prompt for self-registration.
The FIRS boss stated: “We have introduced a Self-registration Module on our Tax Administration Solution platform popularly called Tax-Pro Max. With the innovation, taxpayers can now complete all registration with the FIRS independently in the comfort of their offices or homes, thus saving them time and resources.
“Every newly registered corporate/business entity assigned with a Tax Identification Number (TIN) automatically at the point of registration with the Corporate Affairs Commission (CAC) can now complete their registration with the FIRS on TaxPro-Max and follow the prompt for registration”, he added.
According to him, the new feature will facilitate a more efficient and transparent tax system that benefits both citizens and the government.
It would be recalled that the FIRS in its directive on businesses on migration from the e-TIP platform to the Tax-Pro Max platform for the filing of transfer pricing returns and Country-by-Country Reporting (CbCR) had granted businesses until 30 July 2024 to settle outstanding filing returns.
To ensure compliance and incentivize the corporate entities, it also waived stipulated penalties for businesses that adhere to the complete filing of their tax returns on before the 30th July, 2024 deadline.
