Sunday, January 23, 2022
House of Representatives

Reps Probe Uber, Bolt, Others Over Tax Returns

Reps Probe Uber, Bolt, Others Over Tax Returns   The House of Representatives has resolved to investigate the car hire service providers like Uber, Bolt and...
House of Representatives

Reps Invite Adebayo, Malami, FIRS As Controversy Emerges Over Tax Holidays

Reps Invite Adebayo, Malami, FIRS As Controversy Emerges Over Tax Holidays   The House of Representatives Committee on Public Accounts has invited the Ministry of Industry,...
FIRS Building

FIRS To Capture MDAs Revenue, Waivers As Taxes

FIRS To Capture MDAs Revenue, Waivers As Taxes     The Federal Inland Revenue Service (FIRS) has disclosed that henceforth government revenue, tax waivers, import duty waivers...
TAX

Tax: Lagos, Rivers, Others Make N2.33trn From PAYE In Three Years

Tax: Lagos, Rivers, Others Make N2.33trn From PAYE In Three Years     The 36 states in Nigeria and the Federal Capital Territory earned N2.33tn from Pay...
FIRS Building

FIRS To Go After Tax Evaders In Aviation, Maritime Sectors

FIRS To Go After Tax Evaders In Aviation, Maritime Sectors     The Federal Inland Revenue Service (FIRS) has said it will soon commence a back-end tax...

Multichoice Africa loses legal battle on $342M tax to FIRS.

Multichoice Africa loses legal battle on $342M tax to FIRS.   The titanic legal battle by the South African Company, Multichoice Africa Holdings B.V with the...
MultiChoice

MultiChoice Nigeria Cleared To Appeal $4.4bn Tax Claim

MultiChoice Nigeria Cleared To Appeal $4.4bn Tax Claim   A Nigerian tax tribunal has cleared MultiChoice Group Ltd., Africa’s biggest pay-TV provider, to appeal a disputed...
Value Added Tax

More Governors Resolve To Join VAT Collection Suit

More Governors Resolve To Join VAT Collection Suit           South-south Governors Forum, yesterday, declared support for states’ collection of Value Added Tax (VAT) as ordered by...
Value Added Tax

VAT: Oyo Govt Seeks To Join Rivers In Suit Against Fed Govt

VAT: Oyo Govt Seeks To Join Rivers In Suit Against Fed Govt             The Oyo State has asked the Court of Appeal sitting in Port Harcourt,...
FIRS Building

FIRS Urges Govts To Add Value To Collected Taxes

FIRS Urges Govts To Add Value To Collected Taxes             The Federal Inland Revenue Service (FIRS) has urged state governments not to only collect taxes but...
Northern Governors

Northern Governors Reject VAT Laws Enacted By Lagos, Rivers States

Northern Governors Reject VAT Laws Enacted By Lagos, Rivers States       Northern Governors Forum on Monday kicked against the Value Added Tax laws enacted by the...
President Muhammadu Buhari

Buhari Orders FIRS To Tax Digital Transactions

Buhari Orders FIRS To Tax Digital Transactions           The Secretary to the Government of the Federation (SGF) and Chairman, Presidential Task Force (PTF) on COVID-19, Boss...
Value Added Tax

Private Sector Seeks FG’s Intervention On VAT Remittance

Private Sector Seeks FG’s Intervention On VAT Remittance             Following the controversy between the Federal and State Government on Value Added Tax (VAT), especially as today’s...
Cooking Gas Cylinder

Oil Marketers Seek Removal Of VAT On Imported Cooking Gas

Oil Marketers Seek Removal Of VAT On Imported Cooking Gas       The Major Oil Marketers Association of Nigeria has said the imposition of Value Added Tax...
MultiChoice

Andersen Faults FIRS On N1.8trn Tax Liability On Multichoice

Andersen Faults FIRS On N1.8trn Tax Liability On Multichoice         Tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS), arrived...
FIRS Building

VAT Controversy: FIRS May Lose Over N2.4trn Revenue To States

VAT Controversy: FIRS May Lose Over N2.4trn Revenue To States       The Federal Inland Revenue Service may lose over N2.4tn revenue to the 36 state governments...

Tax Evasion: Tribunal Orders DSTV To Pay 50% Tax Arears Before Hearing Appeal.

Tax Evasion: Tribunal Orders DSTV To Pay 50% Tax Arears Before Hearing Appeal. A Tax Appeal Tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria...
FIRS Executive Chairman, Muhammad Nami

FIRS Insists On VAT Collection, Warns Taxpayers Against Default

FIRS Insists On VAT Collection, Warns Taxpayers Against Default       The Federal Inland Revenue Service (FIRS) has directed taxpayers in the country to continue to pay...
FIRS Executive Chairman, Muhammad Nami

PIA’ll Deplete Tax Revenue, FIRS warns

PIA'll Deplete Tax Revenue, FIRS warns       Federal Inland Revenue Service (FIRS) Chairman, Mohammed Nami, said though the law may affect revenue expected to be generated...
FIRS Executive Chairman, Muhammad Nami

Recover N17.69bn From Tax Evaders, Senate Tells FIRS

Recover N17.69bn From Tax Evaders, Senate Tells FIRS       The Federal Inland Revenue Service confirmed that companies with untraceable addresses evaded taxes to the tune of...