The Federal Inland Revenue Service (FIRS) has granted a full waiver on accumulated penalties and interests for outstanding tax liabilities. Chairman of the revenue service, Zacch Adedeji, made the decision known in a notice personally signed by him and made…
Relief has come the way of taxpayers and businesses as the Federal Inland Revenue Service (FIRS) has granted them full waiver on accumulated penalties and interests for outstanding tax liabilities. Chairman of the revenue service, Zacch Adedeji, made the decision…
Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede has called for closer working relationship with the Federal Inland Revenue Service, FIRS in tackling tax evasion and fraud in the extractive industry. He made this call on…
The Federal Inland Revenue Service (FIRS) has revealed that the service generated N8.5trillion in eight months. The outgone Chairman, Mr Muhammad Nami disclosed, however, that the Service was on its way to setting a new revenue record in 2023, having…
The Federal Government has approved a change in the leadedship of the Federal Inland Revenue Service (FIRS), a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media & Publicity revealed. President Bola Tinubu yesterday approved the appointment…
By Seun Ibiyemi The Federal Inland Revenue Service (FIRS) has mandated all shipping companies operating in Nigeria’s territorial waters to regularise their outstanding tax return before 31st December 2023. The service disclosed this in a public statement made available to…
The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023. In a statement signed by Johannes Oluwatobi Wojuola, Special Assistant to the Executive Chairman, FIRS…
By Seun Ibiyemi Nigeria’s Federal Inland Revenue Service, FIRS, announced that it has extended the due date for submission of Companies’ Income Tax for the 2023 year of Assessment. The FIRS disclosed this in a statement on Monday afternoon stating…
By Seun Ibiyemi The Federal Government says it intends to recoup over N553 billion unremitted taxes from international petroleum shipping companies operating in Nigeria. The Director, International Tax, Federal Inland Revenue Service (FIRS), Mr Abdullahi Aliyu, said that recouping the…
By Ibiyemi Mathew The Federal Inland Revenue Service (FIRS) has revealed plans to commence digital taxation of market traders in the informal sector. The FIRS disclosed this in a statement stating that it is partnering with the Market Traders Association of…
