The Federal Government says it intends to recoup over N553 billion in unremitted taxes from international petroleum shipping companies in Nigeria. The Director of International Tax, Federal Inland Revenue Service (FIRS), Mr Abdullahi Aliyu, disclosed on Wednesday at the Nigerian…
The Bayelsa Government has urged the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) to obey the Supreme Court order over the disputed Soku oil and gas fields, which ownership is in contention between Bayelsa and Rivers States. Gov. Douye Diri…
When governments deploy tax revenues for the common good of the citizens, there is a concomitant increase in tax compliance by citizens who see the direct benefit of the taxes they pay. This was the position held by the Executive…
The Federal Inland Revenue Service (FIRS) has cautioned Ministries, Departments and Agencies of Government (MDAs) against the appointment of consultants and concessionaires to collect taxes due to the Federal Government or any of its agencies, as the FIRS is the…
On repeated occasions, the Federal Inland Revenue Service (FIRS) has cautioned the general public to be vigilant and circumspect not to deal with scam artists who pose as recruitment agents for the Service and collect huge sums of money from…
Mr Muhammad Nami, Executive Chairman, Federal Inland Revenue Service (FIRS) has urged stakeholders to work towards a robust tax administration for the benefit of all citizens. A statement issued in Abuja on Monday by Johannes Wojuola, Special Assistant, Media and…
The 2021 Finance Bill must be tailored towards enabling an efficient tax system that works for every Nigerian. This was the position of the Federal Inland Revenue Service (FIRS) disclosed by its Executive Chairman, Muhammad Nami to journalists after a…
An operative of the Economic and Financial Crimes Commission, EFCC, Ijeoma Matilda on Wednesday narrated to a Federal High Court in Abuja how N2 billion was allegedly siphoned from the Federal Inland Revenue Service (FIRS) under the guise of duty…
The Federal Inland Revenue Service (FIRS) has engaged some commercial banks as agents to freeze and recover N1.8 trillion from accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA), owners of DSTV. Mr Abdullahi Ahmad, FIRS Director, Communications…
The Federal Inland Revenue Service (FIRS) has granted a one-off one-month extension for the filing of Company Income Tax returns by taxpayers with December 31, 2020 accounting year-end whose statutory tax returns were due not later than 30th June 2021.…
