FIRS Gives MDAs 60 Days Ultimatum To Remit Deducted Taxes

The Federal Inland Revenue Service (FIRS) has given 60 days timeframe to Ministries, Departments and Agencies (MDAs) of the three tiers of governments, within which to remit all outstanding taxes deducted or withheld from payments made to them.

FIRS warned that at the expiry of the timeframe, it would not hesitate to invoke the relevant provisions of Section 24 of the Federal Inland Revenue Service (Establishment) Act, 2007 (as amended) and Section 83 of the Companies Income Tax Act (CITA) Cap. C21, LFN, 2004 (as amended) to ensure the recovery of such unremitted taxes from the defaulting MDAs.

Further, it threatened to deduct unremitted taxes from the budgetary allocation of defaulting MDAs, where the MDA fails to comply with the agency’s 60 days’ Notice on “Payment Of Outstanding Taxes By Ministries, Departments And Agencies (MDAs) Of The Federal, State And Local Governments”

Follow the below link for the full details of the public notice endorsed by the FIRS Executive Chairman, Muhammed Nami to all tax remittance indebted MDAs:

Click to access FIRS-FPC-NEW.pdf