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Wednesday, May 22, 2019

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...
President Muhammadu Buhari

FG To Boost Non-oil Revenue Via Vigorous Tax Collections

FG To Boost Non-oil Revenue Via Vigorous Tax Collections   President Muhammadu Buhari on Wednesday said the Federal Government would deploy dynamic initiatives towards boosting the...

Rivers Revenue Agency Shut Down NDDC Office Over N50bn Tax

Rivers Revenue Agency Shut Down NDDC Office Over N50bn Tax The Rivers State Internal Revenue Service has sealed off the corporate headquarters of the Niger...

FIRS Seeks CBN Support To Track VAT Paid By Foreign Entities

FIRS Seeks CBN Support To Track VAT Paid By Foreign Entities The Federal Inland Revenue Service is seeking the support of the Central Bank of...

FIRS Targets N750bn From 55,000 Millionaire Tax Defaulters

FIRS Targets N750bn From 55,000 Millionaire Tax Defaulters   The Federal Inland Revenue Service, FIRS hopes to pull in about N750bn from about 55,000 defaulting taxpayers,...

14 Commercial Banks Billed To Pay N103bn Taxes To FIRS

14 Commercial Banks Billed To Pay N103bn Taxes To FIRS   A total of 14 commercial banks listed on the Nigerian Stock Exchange are billed to...

Taxation: FIRS Discovers 55,000 Tax Defaulters

Taxation: FIRS Discovers 55,000 Tax Defaulters   The Federal Inland Revenue Service (FIRS) has disclosed that it recently discovered not less than 55,000 tax defaulters from...

PwC: Nigeria Needs To Reduce Tax Compliance Cost

PwC: Nigeria Needs To Reduce Tax Compliance Cost PwC Nigeria has said the deployment of technology will help Nigeria to reduce tax compliance costs in...

Telecoms Operators Denounce Multiple Environmental Taxes

Telecoms Operators Denounce Multiple Environmental Taxes Telecoms operators under the aegis of the Association of Licensed Telecommunications Operators of Nigeria are lamenting the huge tax...

Shell: FG’s Tax Claims May Delay Deepwater Oil Project

Shell: FG’s Tax Claims May Delay Deepwater Oil Project   Royal Dutch Shell said on Tuesday that Nigeria’s claims that it was owed billions in taxes...

Fowler: No Multiple Taxation In Nigeria

Fowler: No Multiple Taxation In Nigeria   The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has said multiple taxation does not exist in...

FG Directs IOCs To Pay $20bn In Back Taxes

FG Directs IOCs To Pay $20bn In Back Taxes The Federal Government has ordered international oil companies operating in the country to pay nearly $20bn...

As FG Recovers N33bn From Defaulters, Earns N1.1trn From VAT

As FG Recovers N33bn From Defaulters, Earns N1.1trn From VAT   The National Bureau of Statistics has said that the country generated a total of N1.1tn...

LCCI Tackles FIRS Over Freezing Of Alleged Tax Defaulters’ Bank Accounts

LCCI Tackles FIRS Over Freezing Of Alleged Tax Defaulters’ Bank Accounts   The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over reports by...

Firm Advocates Tax Concession for Hospitality Businesses

Firm Advocates Tax Concession for Hospitality Businesses   The Managing Director of Jumia hotel and flight services, Omolara Adagunodo, has called on the federal government to...

FIRS To Auction Properties Of 52 Firms Over N3.4bn Tax Debt

FIRS To Auction Properties Of 52 Firms Over N3.4bn Tax Debt   The Federal Inland Revenue Service is to dispose of the properties of 52 companies...

Kogi Shuts Down MTN Facilities Over N120m Tax Default

Kogi Shuts Down MTN Facilities Over N120m Tax Default   The Kogi State Internal Revenue Service (KGIRS) has again shutdown facilities of telecommunications giant, MTN Nigeria...

We’ll Surpass Our N5.3trn 2018 Revenue – FIRS Boss

We'll Surpass Our N5.3trn 2018 Revenue - FIRS Boss   The Executive Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that the service will...

In 2018, FIRS’s Revenue Collection Cost Hit N300bn

In 2018, FIRS’s Revenue Collection Cost Hit N300bn The Federal Inland Revenue Service received a total of N300bn within a three-year period covering 2016 to...