Nigeria reiterates importance of tax ID in banking transactions

Tribune Online
Nigeria reiterates importance of tax ID in banking transactions

THE Federal Government has restated the mandatory use of Tax Identification Numbers (Tax IDs) for certain financial transactions, particularly in opening and operating bank accounts, as part of ongoing efforts to strengthen transparency and boost tax compliance. The clarification follows renewed public interest in the Nigeria Tax Administration Act (NTAA), which mandates financial institutions to […]

Nigeria reiterates importance of tax ID in banking transactions
Tribune Online