Tax ID Numbers tot Required for Strictly Personal Bank Accounts

Nigeriacommunicationsweek | 02-12-2025 12:06pm |

Tax Identification Numbers (TINs) are not required for strictly personal bank accounts under Nigeria’s new tax reforms; they become mandatory only if the account is used for business transactions, the Presidential Committee on Fiscal Policy and Tax Reforms has clarified. Taiwo Oyedele, chairman of the tax reforms committee, who made this known, advised bank customers

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