FIRS to introduce e-invoice

The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax Administration and Enforcement Act 2007.

The Executive Chairman of the FIRS, Zacchaeus Adedeji, stated this on Wednesday in Lagos at the LCCI-FIRS Organised Private Sector Stakeholders Engagement with the theme: “Emerging Tax Matters”.

Mr Adedeji, who was represented by Oti Olaniyi, acting director, Medium Taxpayers Department, FIRS, said the e-invoice was necessary as the country moved forward to innovate and enhance its tax system.