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 Chartered Institute of Stockbrokers (CIS), has launched an Academy to deliver structured professional training for capital market operators, investors and the general public. Speaking at the inauguration ceremony, the Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami …
Mr Muhammad Nami, Executive Chairman, Federal Inland Revenue Service (FIRS) has urged stakeholders to work towards a robust tax administration for the benefit of all citizens. A statement issued in Abuja on Monday by Johannes Wojuola, Special Assistant, Media and…
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.…
Tax defaulters who plan to institute legal cases against the Federal Inland Revenue Service (FIRS) now have to pay 50% of the assessed amount in dispute into an interest-yielding account of the Federal High Court before the court can hear…
As part of its efforts at modernizing tax administration in the country, the Federal Inland Revenue Service (FIRS), has introduced a new Tax Administration Solution (TaxPro-Max) for ease of tax compliance. A Public Notice signed by the Executive Chairman, FIRS,…
