FCT INTERNAL REVENUE SERVICE ACT 2015

CENTER FOR LAWS OF NIGERIA: FEDERAL LAWS

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FEDERAL CAPITAL TERRITORY INTERNAL REVENUE SERVICE ACT, 2015

EXPLANATORY MEMORANDUM

This Act establishes the Federal Capital Territory Internal Revenue Service charged with the responsibility, among other things, of assessing or charging tax and collecting internal revenue in the Federal Capital Territory.

FEDERAL CAPITAL TERRITORY INTERNAL HEVENUE SERVICE ACT. 2015

ARRANGEMENT OF SECTIONS

PART I – ESTABLISHMENT OF THE FEDERAL CAPITAL TERRITORY INTERNAL REVENUE SERVICE AND ITS MANAGEMENT BOARD

1.       Establishment of the Federal Capital Territory Internal Revenue Service.

2.       Objective of the Service.

3.       Establishment of the Board and its membership.

4,       Tenure of office, etc.

5.       Cessation of membership.

6.       Emoluments, etc. of member’s.

PART II – FUNCTIONS AND POWERS OF THE BOARD AND THE SERVICE

7.       Functions of the Board.

8.       Powers of the Service.

9.       Technical Committee of the Board.

10.     Powers of the Technical Committee.

PART III – MANAGEMENT AND STAFF OF THE SERVICE

11.     Chairman of the Board.

12.     Secretary and other staff of the Board.

13.     Staff regulations.

14.     Remuneration and pension of employees.

PART IV – FINANCIAL PROVISIONS

15.     Funds of the Board.

16.     Proceeds of the Fund.

17.     Annual estimates and accounts.

18.     Annual reports.

19.     Power to accept gift.

20.     Power to borrow.

21.     Investment. Cap. T22  LFN. 2004.

PART V – TAX ADMINISTRATION AND ENFORCEMENT

22.     Power to enforce tax law.

23.     Person chargeable to tax.

24.     Statement and returns of taxable person.

25      Request for further information or returns.

26      Assessment of tax of taxable person.

27      List of persons assessed.

28.     Records of tax under PAYEE, etc.

29.     Service of notice of assessment.

30,     Objection to assessment.

31.     Tax clearance certificate

32.     Access to property and records.

33.    Reproduction or books, documents and records.

34.     Appointment of agent.

35.     Failure to comply with notices or enforcements.

36.     Recovery of outstanding tax.

37.     Investigation of offences.

38.     Inter-agency cooperation in enforcement oftax law.

39.     Enforcement warrants.

40.     Reward and privileges of non-employee informant.

41.     Immunity of the officers of the service.

42.     Confidentiality of the documents.

43.     Area Councils Revenue Committee.

44.     Functions of the Revenue Committee.

45.     FCT Joint Revenue Committee.

46.     Functions 0f the FCT Joint Revenue Committee.

47.     Designation of magistrate for adjudication of tax matters.

48.     Revenue collector.

49.     Mode of payment.

PART VI – APPEALS

50.     Tax Appeal Committee.

51.     Appeals to the tax appeal Committee, etc.

52.     Notice of appeal.

53.     Consideration of appeal.

54.     Service of notice to the appellant.

55.     Period for the appeal.

56.     Validity of objection.

PART VII – OFFENCES AND PENALTIES

57.     Penalty for general offences.

S8.     Failure to attend to a notice. etc.

59.     Penalty for making incorrect returns. etc.

60.     False statements and returns

61.     Offences relating to tax of officers, etc.

62.     Failure to remit tax.

63.     Failure to pay full rate of assessed tax or levy.

64.     Falsification of documents.

65.     Obstruction of the staff of the Service in the performance of their duty.

66.     Abuse of power and corruption by the tax officer.

67.     Use of weapon to cause injury to staff of the Service.

68.     Contravention of tax laws.

69.     Impersonation of revenue officer.

70.     Director of Legal Service of the Board.

71.     Fine by the Service.

72.     Liability to payment of tax.

PART VIII – GENERAL PROVISIONS

73.     Conformity with tax laws.

74.     Compliance with Minister'< directives.

75.     Confidentiality.

76.     Delegation of power.

77.     Signature of tile Chairman of the Board.

78.     Imposition of surcharge

79.     Limitation of suits.

80.     Service of document.

81.     Attachment of process.

82.     Indemnity.

83.     Directives by the Minister.

84.     Power to make regulations.

PART IX – MISCELLANEOUS PROVISIONS

85.     Interpretation,

86.     Citation.

Schedules

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