Legit.ng on MSN
Do You Need a Tax ID for a Bank Account? FG Names Nigerians Who Must Comply and Those Exempted
Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has provided detailed clarification on ...
Banks will require Tax IDs from income-earning Nigerians from January 2026, but students and other non-income earners are exempt, and registration is free online.
The Federal Government has announced that all taxable Nigerians must possess a Tax Identification Number (TIN) to operate a ...
Tax Identification Numbers (TINs) are not required for strictly personal bank accounts under Nigeria’s new tax reforms; they ...
The Punch on MSN
Banks must request tax ID from taxable persons – Oyedele
Learn why a Nigerian Tax ID (TIN) will be required for all taxable persons to operate bank accounts starting January 1, 2026, and who is exempt.
The federal government has said every taxable Nigerian must have a Tax Identification or Taxpayer Identification Number to ...
In recent debates about Nigeria’s tax reforms, a widespread misconception has taken root: that citizens without a Tax Identification Number (TIN) cannot own or operate a bank account. This view, while ...
P.M. News on MSN
No tax ID, big problem with your bank account in 2026 - FG
The Federal Government’s new tax administration rules will require banks to demand a Tax Identification Number from anyone classified as a taxable individual once the Nigerian Tax Administration Act ...
An EIN is a federal tax ID number for an entity, estate, trust, or other organization. For example, the following are generally required to obtain an EIN: partnerships, limited liability companies ...
It’s nearly time for tax professionals to renew Preparer Tax Identification Numbers (PTINs). Fortunately, it’s a bit cheaper this year—but only by a dollar. With just days to go before the deadline ...
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