FIRS To Nigerians: Your NIN Serves As Tax ID, Disregard Misinformation
*For Registered Firms, Use Your CAC RC Number, It Adds The National Identification Number (NIN) issued by National Identity Management Commission (NIMC) now automatically serves as the Tax Identification Number (TIN) for individual Nigerians. The clarification came from Federal Inland Revenue Service (FIRS) on its X, as part of a public awareness campaign on the new tax laws. The welcome news came amid growing concern among Nigerians over details of the nation's new tax laws requiring a tax ID for certain transactions, including bank account ownership. The Service added that registered businesses will no longer need a separate Tax ID.…












