Finance bill makes TIN mandatory for banks’ account holders - Punch Newspapers

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The Finance Bill 2021 has made it mandatory for commercial banks to demand Tax Identification Number from any individual seeking to open an account with them.

The bill also makes it mandatory for non-resident firms such Google and Twitter to pay taxes to the Federal Government of Nigeria. He said, “Banks will be required to request for Tax Identification Number before opening bank accounts for individuals, while existing account holders must provide their TIN to continue operating their accounts.”

Abdullahi also said the bill made electronic mails as the only channel that tax authorities would accept as a formal means of correspondence with taxpayers;

 

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After NIN and BVN kumo? The next thing we will hear is you must register with APC

Crypto time..

why always throw beyond the mark with this administration this is too crude .

Wahala when federal government, national assembly and judiciary be your village people, them go sit don for your matter make policies, pass laws and judge you to finish your small money where bank don chop remain. Oya make everybody go get savings box...

So all the deductions in our individual account never do dem why are these people so heartless no masses friendly policies except the ones to further impoverish the masses we are waiting for you come 2023 God won't allow you k_ll all of us before then.awon oloriburuku

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Nig is a nation led by the confused. One moment, they talk about getting people in the informal sector to open accts. Another moment they talk about making the society cashless. Yet another moment, they crumble it all by something such as TIN. Now back to cash and under the bed.

Finally I will move fully to Crypto

When government failed they will start many confuse project

Another chaos in the pipeline, BVN, NIN and TIN, more confusion in the banks.

Na make all of us kuku go remove our money

Most of the Nigerian populace are jobless, are you expected to equally pay tax on your joblessness?

Mad people

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