(StatePoint) Like many other people, you probably have taxes on your mind right now. Figuring out if you have a tax refund coming your way can be an exciting time.
(StatePoint) Like many other people, you probably have taxes on your mind right now. Figuring out if you have a tax refund coming your way can be an exciting time.
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Nigeria Governors’ Forum (NGF) on Monday pledged support for the scale-up of modern, taxpayer-friendly and technology-driven revenue administrations in all 36 States of the Federation.
The NGF Director-General, Asishana Okauru who gave the assurance in Abuja, during the opening of the maiden ‘Technology & Tax Event’, organized by NGF with the support of the World Bank and the International Centre for Tax and Development, underscored the need for each government to put necessary measures in place to mitigate against associated risks.
“The goal for us is to help facilitate the scale-up of modern, taxpayer-friendly, and technology-driven revenue administrations in all States of the federation that will be capable of providing world-class services; characterized by efficient, paperless operations, and equipped with ICT-enabled risk-based enforcement capable of optimizing their revenue mobilization strategies.”
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He however, said weak environment for tax policy and tax legitimacy, as well as low technological integration in tax administration, undermined efforts to mobilise domestic revenues and the capacity of tax authorities to collect taxes efficiently.
Okauru said the COVID-19 pandemic has pointed to the direction that all revenue administrations needed to move to a digital future.
“The pathways to achieving tax digitalisation may vary from state to state but the conditions remain the same, including providing broadband access and supporting the growth of digital skills in the wider economy.
“Amidst this transformation, we also recognise risks of data ownership, data protection and cyber security. This each government must envisage. It would require a strong in-house IT team and an experienced legal department that will help protect the interest of all parties, including taxpayers.