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…
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.…
…As Nami assures taxpayers of transparency The Economic and Financial Crimes Commission (EFCC) on Wednesday, re-arraigned Peter Hena, former Coordinating Director of Federal Inland Revenue Service (FIRS) and eight other officers of the agency before Justice Toyin Bolaji Adegoke of…
The Federal High Court sitting in Abuja has commenced the hearing of a case of fraud involving some ex-directors and some members of staff of the Federal Inland Revenue Service (FIRS). The members of staff are answering charges concerning embezzlement…
The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has disclosed that the Service did not grant any tax waivers to any local or foreign investors in the country as the FIRS Act did not empower it to grant…
