The South East Joint Tax Board new Taxpayer Identification Number Registration System and Consolidated National Taxpayers’ Database, has been inaugurated in Anambra with a call on all to always adhere to taxation law.
The new Joint Tax Board National TIN Registration System is a robust application developed to assign Taxpayer Identification Number, TIN, to all potential corporate and individual taxpayers that have been uniquely identified and registered by identity management agencies such as Corporate Affairs Commission, CAC, National Identity Management Commission, NIMC, and Nigeria Interbank Settlement System, NIBSS.
In a remark, Governor Willie Obiano represented by his Deputy, Dr. Nkem Okeke who described the new system of tax payment as a welcome development, said that Anambra state had already initiated a similar measure which is the Anambra Social Service Identification Number, ANSSID, to ensure full compliance of the state residents to tax payment.
The Governor observed that the ability to improve on revenue generation would improve development and as well the welfare of the citizenry, and implored Ndi Anambra and others residents of the South East zone to continue to help the government achieve the great objective of social and infrastructural development through prompt tax payment.
Earlier in his address, the Chairman Joint Tax Board, Mr. Tunde Fowler, explained that the objective of the new JTB TIN system is to integrate with relevant agencies and leverage on already captured data, deploy analytics to discover hidden and correlating trends and patterns that could lead to better visibility and increased Internally Generated Revenue, IGR, for all tiers of government.
Contributing, the Executive Secretary, Joint Tax Board, Mr. Oseni Elamah disclosed that the system brings innovation, convenience and transparency to tax authorities and taxpayers by enabling tax authorities efficiently manage their Taxpayer base, while enabling taxpayers to visualize, retrieve and update their tax status from the comfort of their homes.
The event featured official Flagging off of the JTB new TIN Registration System and presentation of recognition award for tax payment to the Governor by the Chairman Joint Tax Board.
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