SELF CERTIFICATION FORM: ‘We Are Sorry, We Misled Nigerians’ – FIRS Apologizes
The Federal Inland Revenue Service (FIRS) has clarified the issue as regards the Self Certification form Nigerians were asked to fill.
This led to widespread controversy and now the FIRS has stated that those affected are non-residents
See the statement below:-
The Self Certification form is basically to be administered on Reportable persons holding accounts in Financial institutions that are regarded as “Reportable Financial Institutions” under the CRS. Reportable persons are often non-residents..
and other persons who have residence for tax purposes in more than one jurisdiction or Country. Financial Institutions are expected to administer the Self Certification form on such account holders when information at its disposal indicates that the Account holder is a person
resident for tax purpose in more than one jurisdiction. The information that indicates an account holder is a resident for tax purposes in more than one jurisdiction,is expected to be available to Financial Institutions during account opening processes for the KYC and AML purpose”
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