Transparent Tax Revenue Reporting (NG0017)
Action Plan: Nigeria Action Plan 2019-2021
Action Plan Cycle: 2019
Lead Institution: Office of the Accountant General of the Federation
Support Institution(s): Federal Inland Revenue Service (FIRS), Central Bank of Nigeria, Ministry of Finance, Budget and National Planning, Nigeria Customs Service, Nigerian Maritime Administration and Safety Agency (NIMASA), Financial Reporting Council of Nigeria, Federal Ministry of Justice (FMoJ), Nigerian Investment Promotion Council (NIPC), National Bureau of Statistics, National Assembly, Corporate Affairs Commission, RMAFC, Joint Tax Board, Governors Forum, Nigerian Ports Authority, Ministry of Trade and Investment, Nigerian Immigration Service. Civil Society Legislative Advocacy Centre (CISLAC), Action Aid Nigeria, The Civil Resource Development and Documentation Centre (CIRDDOC), Institute of Chartered Accountants of Nigeria (ICAN), Association of National Accountants of Nigeria (ANAN), Chartered Institute of Taxation of Nigeria (CITN), Nigeria Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA), Manufacturers Association of Nigeria (MAN), Department For International Development (DFID), OXFAM, Council for the Regulation of Engineering in Nigeria (COREN), Centre for Social Justice, Paradigm Leadership Support Initiative (PLSI), Transparency and Accountability in Totality (FollowTaxes), Action Aid.
Policy AreasLegislation & Regulation, Private Sector
The commitment seeks to promote increased tax and non-tax revenues by ensuring the prevention of all forms of tax evasion and the reduction of tax avoidance, Illicit financial flows and leakages. This will address the issues of multiple taxation, levies, charges, duties and also make businesses pay their fair share of tax and non-tax dues. It will also create equity such that local businesses are competitive, can create jobs and contribute to economic development. Tax and non-tax avoidance and evasion have resulted in reduction of revenue needed to finance development, which has consequently created an unfavorable environment for local entrepreneurs. This results in the inability of the government to provide sound services for citizens’ welfare and failure of small businesses, thereby increasing poverty.
By committing to adopt common reporting standards and the Addis Tax Initiative, the government will address the tripartite challenges of: non-declaration of tax liability and tax payment by the companies to tax authorities; tax evasion and avoidance; and, abuse of tax incentives and waivers.
Specific OGP issue:
i. Diminishing corporate integrity and public accountability.
ii. Weak public services delivery.
iii. Ineffective management of public resources by the government.
Rationale for the commitment:
This commitment is relevant to Revenue and Tax Transparency, Accountability, Technology and Innovation and Access to Information.
To establish transparent, fair and efficient tax systems that will aid the generation of substantially more domestic revenue for the improvement of citizens’ welfare.
Improved citizens’ welfare through increased government revenue accountability and the maximization of public resources.
See action plan for milestone activities.
NG0015, 2019, Audits and Controls
Implement Open Contracting and the Open Contracting Data Standard
NG0016, 2019, Beneficial Ownership
Transparent Tax Revenue Reporting
NG0017, 2019, Legislation & Regulation
Open Contracting and Licensing in Extractives
NG0018, 2019, E-Government
Implement EITI Standard
NG0019, 2019, Audits and Controls
Establish Beneficial Ownership Registry
NG0020, 2019, Beneficial Ownership
Strengthen Asset Recovery Legislation
NG0021, 2019, Anti-Corruption Institutions
Implement National Anti-Corruption Strategy
NG0022, 2019, Anti-Corruption Institutions
Improve Compliance with Freedom of Information Act with Focus on Records Management
NG0023, 2019, Capacity Building
Improved Compliance with Mandatory Publication Provisions Requirement (FOIA)
NG0024, 2019, Capacity Building
Implement Permanent Dialogue Mechanism
NG0025, 2019, Gender
Aggregate Citizens' Feedback on Programs
NG0026, 2019, E-Government
Freedom of Association, Assembly, and Expression
NG0027, 2019, Civic Space
Enhance Participation of the Vulnerable
NG0028, 2019, Capacity Building
Implement New Computer Program in 6 Government Ministries to Improve Service Delivery
NG0029, 2019, Capacity Building
Legal Instrument to Strengthen SERVICOM
NG0030, 2019, Legislation & Regulation
Citizen Participation in Budget Cycle
NG0001, 2017, Audits and Controls
NG0002, 2017, Capacity Building
Extractive Sector Transparency
NG0003, 2017, Beneficial Ownership
Tax Reporting Standards
NG0004, 2017, Fiscal Transparency
World Bank Doing Business Index
NG0005, 2017, Infrastructure & Transport
Beneficial Ownership Register
NG0006, 2017, Beneficial Ownership
Anti-Corruption Informationi Sharing
NG0007, 2017, Anti-Corruption Institutions
Asset Recovery Legislation
NG0008, 2017, Capacity Building
Anti-Corruption Activity Coordination
NG0009, 2017, Anti-Corruption Institutions
FOIA Compliance for Annual Reporting
NG0010, 2017, Capacity Building
FOIA Compliance for Disclosure
NG0011, 2017, E-Government
Permanent Dialogue Mechanism
NG0012, 2017, Fiscal Transparency
Joint Governmnet-Civil Society Legislation Review
NG0013, 2017, Oversight of Budget/Fiscal Policies
Technology-Based Citizens' Feedback
NG0014, 2017, E-Government