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Confirm Before Paying Contractors – Adeosun Speaks On Fake Tax Clearance

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BREAKING: Ex-Finance Minister, Kemi Adeosun Cleared Of NYSC Certificate Scandal
Confirm Before Paying Contractors - Adeosun Speaks On Fake Tax Clearance

Minister of Finance, Mrs Kemi Adeosun (Source: File Photo)

The Minister of Finance, Mrs Kemi Adeosun, has directed Ministries, Departments and Agencies (MDAs) to authenticate Tax Clearance Certificates (TCCs) presented by companies and individuals for public procurement before making any payment.

This she said in a statement by her Special Adviser, Media and Communications Mr Oluyinka Akintunde, today in Abuja.

Adeosun said the instruction was directed at MDAs and the Federal Inland Revenue Service (FIRS) in response to the proliferation of forged TCCs purportedly issued prior to the automation of the certificates from Aug. 22, 2017.

She added that the validation of the TCCs would enhance the integrity of the tax system.

“Electronic TCCS (e-TCCs) can be verified via logging into https//tcc.firs.gov.ng and clicking on verify e-TCC, enter the TCC number and complete the captcha, and click on submit to view the TCC number entered,” she said.

For TCCs issued before Aug. 22, 2017, she advised the MDAs and other stakeholders to forward a list of the companies and photocopies of the TCCs to the office of the Executive Chairman, FIRS, for authentication.

According to her, the FIRS has undertaken to verify the TCCs within 72 hours of receipt because the old manual system allowed the production of forged TCCs.

“Companies and individuals in doubt as to the authenticity of their TCCs are advised to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS) to regularise,” she said.

She added that the Ministry of Finance and the FIRS would continually work in partnership with government at all levels and stakeholders towards eradicating tax fraud and evasion.

Adeosun recalled that the Federal Government had in January directed vendors of MDAs to display their Tax Identification Numbers (TINs) on their invoices before payment.

She said non-presentation of a TIN by the vendors largely contributed to leakages in revenue remittances, particularly Value Added Tax (VAT) and Withholding Tax (WHT). NAN

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