By Matthew Denis Abuja The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed by some States and Local Governments in Nigeria. This decision is contained in…
The Federal Inland Revenue Service (FIRS) on behalf of the Federal Government of Nigeria generated a sum of N532.48 billion from Company Income Tax (CIT) in the first quarter of 2022, an increase of 35.6 per cent compared to Q1…
The Federal Inland Revenue Service (FIRS), has recommended tax compliance as prerequisite for clearing aspirants to contest for elective positions. The Executive Chairman of FIRS and Chairman, Joint Tax Board (JTB) Muhammad Nami made the recommendation at a meeting with…
Nigeria’s cautious approach to the endorsement of the Organization for Economic Cooperation and Development (OECD)/ G20 Inclusive Framework two-pillar solution to the taxation of the digital economy is in the best interest of the country, and to ensure that Nigeria…
Nigeria’s cautious approach to the endorsement of the Organization for Economic Cooperation and Development (OECD)/ G20 Inclusive Framework two-pillar solution to the taxation of the digital economy is in the best interest of the country, and to ensure that Nigeria…
Situation at Aero Contractors got further compounded as officials of the Federal Inland Revenue Service ( FIRS) during the week sealed some offices in the airlines following tax remittances of about N350million owed the tax agency. Our reporter found out…
The Federal Inland Revenue Service (FIRS) has listed Nigeria’s top-performing taxpayers in the year 2021, and commended them for their exceptional efforts in contributing towards providing the necessary funds for the government to meet its social contract with the Nigerian…
…Taxpayers’ obligations include The obligation to register and obtain a Tax Identification Number (TIN). The process involves obtaining application form from the nearest FIRS Tax Office close to the registered business address or from the Taxpromax solution on the FIRS…
The Nigerian Commu nications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have taken their collaboration a notch further by setting up a Joint Committee of senior and management staff of the two agencies towards the implementation of inter-agency…
The Federal Inland Revenue Service (FIRS) has reached out to other African countries to collaborate with it to effectively tax digital businesses. Executive Chairman (FIRS) Muhammad Nami, made the call at a Technical Assistance Programme organised by African Tax Administrators’…
