The federal government says it has paid N135 billion of all outstanding PAYE tax liabilities owed by Federal Ministries, Departments and Agencies (MDAs) for 14 years to various states governments.
The Chairman of Joint Tax Board, Tunde Fowler, said this at a programme tagged; “Go-Live’’ for the New National Tax Identification Number (TIN) Registration System in Abuja on Monday.
Mr Fowler said the outstanding liabilities of the MDAs paid by the federal government covered 2002 to 2016.
He urged the states governments to emulate and promptly remit all withholding taxes including Value Added Tax due to the federation account.
“It is not only important that these records are available, it is equally necessary that the records are credible and reliable and that they are accessible under a secured environment, and online real-time.
“The role data plays in today’s world cannot be over emphasised; and for the revenue potential of the country to be maximally harnessed, it is essential that credible and reliable data is available for use.
