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Sunday, August 25, 2019

Buhari Summons Fowler Over Tax Under Remittance

Buhari Summons Fowler Over Tax Under Remittance President Muhammadu Buhari has summoned the Executive Chairman of the Federal Inland Revenue Service(FIRS) Mr Babatunde Fowler to...

FIRS Sets Deadline For VAT Remittance

FIRS Sets Deadline For VAT Remittance The Federal Inland Revenue Service has said all companies must remit value-added tax and withholding tax by the 21st...

Tax Dispute: MTN Engages KPMG To Tackle FIRS

Tax Dispute: MTN Engages KPMG To Tackle FIRS MTN has engaged the services of the KPMG to handle the demand for the payment of tax...

NNPC To Assist FIRS, DPR Recover Unpaid Taxes, Others From IOCs

NNPC To Assist FIRS, DPR Recover Unpaid Taxes, Others From IOCs The Nigerian National Petroleum Corporation (NNPC) has offered to help the Department of Petroleum...

Reconstituted NTPIC Will Boost Non-oil Revenue – Fowler

Reconstituted NTPIC Will Boost Non-oil Revenue - Fowler   The Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler, has declared that the reconstitution of the National...

Investors Demand VAT Exemption In Stock Market Extended

Investors Demand VAT Exemption In Stock Market Extended Some investors in the Nigerian capital market have called on the federal government to extend the exemption...

FG Clears N33.13bn PAYE Liabilities

FG Clears N33.13bn PAYE Liabilities   The Federal Inland Revenue Service has said that the Federal Government has cleared N33.13bn outstanding PAYE tax liabilities owed by...

Manufacturers Object FG’s Planned Increase In VAT And Taxation

Manufacturers Object FG’s Planned Increase In VAT And Taxation Manufacturers and providers of goods and services under the aegis of Nigeria Employers’ Consultative Association (NECA)...

MAN Urges FG To Stop 50% VAT Increase

MAN Urges FG To Stop 50% VAT Increase   The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to jettison the idea of...

Tax Tribunal Resolves 42 Cases Worth N288bn

Tax Tribunal Resolves 42 Cases Worth N288bn A total of 42 tax-related disputes worth N288bn have been resolved by the Tax Appeal Tribunal within a...

FG Defaults On VAT Waiver For Domestic Airlines

FG Defaults On VAT Waiver For Domestic Airlines More than one year after the pronouncement for Value Added Tax (VAT) to be removed from air...

LCCI Seeks Concessionary Tax Rate For SMEs

LCCI Seeks Concessionary Tax Rate For SMEs   The Lagos Chamber of Commerce and Industry has called for the concessionary tax rate for the Small and...

Tax Probe: RMAFC, Workers Bicker Over Consultants’ Engagement

Tax Probe: RMAFC, Workers Bicker Over Consultants’ Engagement Workers of the Revenue Mobilisation Allocation and Fiscal Commission have disagreed with the management of the organisation...

DAPPMAN, Others Decry Multiple Taxation, Beg Govt

DAPPMAN, Others Decry Multiple Taxation, Beg Govt Members of the Depot and Petroleum Products Marketers Association of Nigeria, Major Oil Marketers Association of Nigeria and...

Telecom Operators Advocate Executive Order To Stop Multiple Taxes

Telecom Operators Advocate Executive Order To Stop Multiple Taxes Stakeholders in the telecommunication industry are calling on the Federal Government to give an executive order...

70% Of Nigerians Ready To Pay Tax, Says NESG

70% Of Nigerians Ready To Pay Tax, Says NESG   The Nigeria Economic Summit Group has said that about 70 per cent of Nigerians believe that...

FIRS Is Committed To Eliminating Multiple Taxation – Fowler

FIRS Is Committed To Eliminating Multiple Taxation - Fowler   The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has restated the agency’s commitment...

FG, States Working To Address Multiple Taxation, Says Enelamah

FG, States Working To Address Multiple Taxation, Says Enelamah   The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has said the federal government is...

Nigeria’s Taxpayers’ Roll Almost At 45m, As Database Integration Nears Realization

Nigeria's Taxpayers’ Roll Almost At 45m, As Database Integration Nears Realization   The taxpayers’ roll of the country will soon hit 45 million. This was disclosed...

Maritime Stakeholders Urge FG To Abolish Tax On Full Duty For Ship Acquisition

Maritime Stakeholders Urge FG To Abolish Tax On Full Duty For Ship Acquisition Stakeholders in the nation’s maritime sector have called on the federal government...