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What is Joint Tax Board in Nigeria?

What is Joint Tax Board in Nigeria?

The Joint Tax Board is the apex body for tax authorities in Nigeria. It was established under the provision of session 86(1) of PITA, 2004. Abuja, Nigeria. jtb.gov.ng. Joined January 2019.

Who are the members of the Joint Tax Board in Nigeria?

The Executive Secretary, Joint Tax Board (JTB), Chief (Sir) Oseni Salawe Elamah, The Executive Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler and the Corps Marshal, FRSC, Dr Boboye Oyeyemi during the 144th meeting of the Joint Tax Board jointly hosted by JTB and the Federal Road Safety Corps in Abuja …

What is the Joint Tax Board function?

The Income Tax Management Act 1961 created the Joint Tax Board (JTB) and charged it, primarily, to ensure uniformity of standards and application of Personal Income Tax in Nigeria.

Who is the current chairman of Joint Tax Board?

Mr. Tunde Fowler
Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has explained how the Federal Government raised over N500 billion allocated by the Federal Accounts Allocation Committee (FAAC) in June.

What is my tin number Nigeria?

Tax Identification Number (TIN) is a unique number given to an individual, a registered business or incorporated companies for the purpose of tax payment. TIN as fondly called is generated by the Tax Authority for proper identification, order and ensuring that more people are brought to the tax net.

What’s a tax practitioner?

A tax practitioner is someone who completes SARS returns on behalf of third parties for reward/a fee. A person who completes their own tax returns or the tax returns of their employer is not required to. register as a tax practitioner. See detailed SARS definition on.

Who is the director general of firs?

Muhammad Mamman Nami
He is the current Executive Chairman of Nigeria’s Federal Inland Revenue Service FIRS, the agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria….

Muhammad Mamman Nami
Born 2 February 1968 Nami, Niger State, Nigeria

When was TIN introduced Nigeria?

TIN which became effective in Nigeria from February 2008 is a 10(ten) digit number, that is given exclusively to only a taxpayer and taxable companies that earn a consistent income (Ezugwu and Agbaji, 2014).

What are the duties of firs?

The Federal Inland Revenue Service (FIRS) is the agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria.

Who is the DG of firs?

Muhammad Nami
Muhammad Nami has since proved bookmakers right that he is more than equal to the task. The reforms he is implementing at FIRS attest to his dexterity, visionary leadership and patriotism.