This article is to educate the public on the power of FIRS with regard to tax collection as a means of revenue generation for government Over the years, there have been experiences of clash, controversy, misunderstanding and widespread ignorance of…
The Nigeria Liquefied Natural Gas Limited (NLNG), one of the companies undertaking the construction of roads under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, received its Tax Credit Certificate from the Federal Inland Revenue Service (FIRS), for…
OVERVIEW TaxPro Max is FIRS’ flagship tax administration solution for automated end-to-end processing of its tax administration function. It is a game-changer through which FIRS achieved over 100 per cent of its 2021 collection target. In 2021, FIRS collected N6.405…
By Seun Ibiyemi The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have agreed to adjust some sections of the recently signed Memorandum of Understanding (MoU) on effective tax administration, to accommodate some salient concerns.…
By Seun Ibiyemi The Federal Inland Revenue Service (FIRS) has urged the public to be vigilant and avoid dealing with scam artists who pose as recruitment agents for the service. This is contained in a statement issued on Monday in…
The Federal Inland Revenue Service (FIRS) has urged the public to be vigilant and avoid dealing with scam artists who pose as recruitment agents for the service. This is contained in a statement issued on Monday in Abuja by Mr…
The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have agreed to adjust some sections of the recently signed Memorandum of Understanding (MoU) on effective tax administration, to accommodate some salient concerns. The agencies on…
OVERVIEW Tax ProMaxis FIRS’ flagship tax administration solution for automated end-to-end processing of its tax administration function. It is a game-changer through which FIRS achieved over 100% of its 2021 collection target. In 2021, FIRS collected N6.405 trillion (N2.008trilion from…
Upon the effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the Federal Ministry of Finance, the Joint Tax Board (JTB) in collaboration with the Federal…
The Federal Inland Revenue Service, FIRS, has commended the Ibrahim Badamasi Babangida University, Lapai Niger State for its decision to introduce Taxation Studies as part of its Courses in the Institution. The Chairman of the Federal Inland Revenue Service Muhammad…
