The Federal Inland Revenue Service (FIRS) had saidcorruption and abuse of office by civil servants and political public office holders remain a major enabler of Illicit Financial Flows (IFFs) from the country. The Executive Chairman of FIRS, Mr Muhammad Nami,…
…N472.88bn from breweries, beverages By Kayode Tokede, Akinyemi Kehinde and Mercy Akindiya The federal government through the Federal Inland Revenue Service (FIRS) generated N881.02 billion from Company Income Tax (CIT) and Value Added Tax (VAT) from banks and other financial…
The Executive Secretary, Tertiary Education Trust Fund (TETfund), Prof. Suleiman Bogoro, has commended the management of the Federal Inland Revenue Service (FIRS) for the increased remittance of the statutory education tax to the fund. Bogoro made the commendation, on Thursday,…
The Federal Government has been advised to explore data and intelligence in order to ease tax collection and improve its revenue base. Tax experts, speakers, panelists and government functionaries gave the advice at the recently held First Annual National Tax…
The Federal Inland Revenue Service (FIRS) collected N4,952,243,711,728.37 in total tax revenue in the year 2020. This landmark achievement represents approximately 98% of the national tax target of N5.076 trillion set for the FIRS by the Federal Government. This was…
The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial flow. The Director, Communications and Liaison Department of the service, Mr Abdullahi Ahmad made this known in a statement in…
