“To assist them to comply with their tax obligations, the FIRS presumes an income level for such category of Nigerians and computes their tax on the basis of the presumed income,’’ Mashi said.
He also said that the service had adopted a two-pronged approach- voluntary compliance and possible prosecution of evaders to check tax evasion.
Mr Sunday Ogungbesan, the Coordinating Director, Field Operations Group of the service, said the focus of the current management was to consolidate and strengthen its impressive performance through system restructuring.
Nonetheless, observers advise the three tiers of government to evolve an effective monitoring mechanism that would ensure judicious utilisation of the revenues remitted by the service.
This, they note, will justify the huge government’s investment on the revenue generating agencies and ensure prudence, transparency and accountability in the management of public funds. (NANFeatures)