Tax Matters

Fed Govt Generates N1.09trn From Indirect Taxes   The Federal Government received N1.09tn from indirect taxes in the first two quarters of 2022, according to data...

FIRS Demands N1trn Tax Remittance From MDAs   The Federal Inland Revenue Service (FIRS) has written ministries, departments and agencies (MDAs) to refund over N1 trillion...

FG To Implement Telecoms, Beverage Taxes Next Year   The Federal Government through the Budget Office of the Federation has revealed that it will begin the...

MAN Urges FG to Remove VAT on AGO The Manufacturers Association of Nigeria (MAN) has urged the federal government to remove the 7.5 per cent...

EFCC, NASS, MDAs Fail To Remit Taxes - Oyedele The Fiscal Policy Partner and Africa Tax Leader at PwC, Taiwo Oyedele, has revealed that Ministries,...

VAIDS: FIRS, JTB Commence Enforcement On Defaulters   Following the expiration of the amnesty by the Voluntary Assets and Income Declaration Scheme (VAIDS), the Joint Tax...

NEPZA, FIRS Sign Pact On Tax Administration In Free Trade Zones   The Nigeria Export Processing Zones Authority (NEPZA) has signed a Memorandum of Understanding (MoU)...

Free Trade Zones Contributes N29bn Tax In 2 Years - NEZA   The Nigeria Economic Zones Association (NEZA) has said the special economic zones in the...

Tax -  FIRS To Deduct Govts’ Unpaid VAT, WHT From FAAC Account  The Federal Inland Revenue Service (FIRS) has announced that it will begin deducting...

FG Generates N532bn from Company Income Tax In 3 Months - NBS The National Bureau of Statistics tax report has revealed that the federal...

FG: Tax exemptions, Incentives Fail To Stimulate Remittances, Growth The Minister of Finance, Budget and National Planning, Zainab Ahmed, says despite the Federal Government’s efforts...

FIRS Seeks Collaboration Among African Countries On Digital Tax   The Federal Inland Revenue Service (FIRS) has reached out to other African countries to collaborate with...

Telcos Propose Tax Review To Avert 40% Tariff Hike   Telecommunication companies, under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON) has...

Reps Summon Adebayo Over MTN’s Alleged N2.6trn Tax Evasion   The House of Representatives’ Committee on Public Accounts has vowed to ensure accountability on the capital...

NIPC: 33 Companies Get Tax Waiver On N543.9bn Investment The Nigeria Investment Promotion Commission has waved 33 companies tax income for a particular period. This...

Senate To NUPRC: Stop IOCs Evading Tax From Lifting Crude Oil   The Senate Committee on Finance has asked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...

Fed Govt Bars 10 Firms, Grants Three-year Tax Relief To 33 Companies   The Federal Government approved the application of 33 companies seeking pioneer status under...

How we can Boost Revenue without Raising New Taxes - Buhari President Muhammadu Buhari on Tuesday in Abuja expressed his administration’s commitment to an efficient...

Buhari: "Much is Needed In The area of Tax Mobilisation" President Muhammadu Buhari has described Nigeria’s current tax system as fragmented and inefficient. He calls...

Kogi’s Clampdown May Affect 11 States- Telcos Warn The Kogi State Internal Revenue Service agency has shut down a number of critical telecommunications sites in...