Buhari Tasks FIRS To Automate Tax Collection Process

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President Muhammadu Buhari has charged the Federal Inland Revenue Service (FIRS) to deploy technology for the automation of tax remittance processes in line with international best practices,

The President made the call on Thursday while delivering a virtual address at the First National Tax Dialogue held at the Conference Hall of the State House, Abuja.

He expressed concerns over the nation’s huge revenue losses to leakages arising from activities of the revenue-generating agencies of government while mandating the FIRS and other revenue generating agencies to forthwith block such leakages.

Buhari directed FIRS and related government agencies to plug all revenue leakages by ensuring strict compliance with tax payments by foreign companies operating in Nigeria, and deployment of more digital platforms and seamless connections.

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He also directed strict payment of taxes by both local and foreign companies, stressing that no firm should be exempted from tax payment.

The President said: “It is not enough that our citizens and local businesses pay their fair share of taxes.

“Equally, foreign businesses must also not be allowed to continue to exploit our markets and economy without paying appropriate taxes. Accordingly, the FIRS has my mandate to speedily put all measures in place to fully implement programmes to stamp out Base Erosion and Profit Shifting in all their ramifications and generally automate its tax processes.

“In line with this, I have directed all government agencies and business enterprises to grant FIRS access to their systems for seamless connection. FIRS must ensure that its deployment of technology for automation is done in line with international best practices. In particular, FIRS can borrow a leaf from other countries which have successfully automated their tax processes.’’

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