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Wednesday, May 22, 2019

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...

N5tr pension funds: Stakeholders to Discuss Investment

The House of Representatives has mandated its committees on Pensions, Finance and Capital Market institutions to interface with the Nigerian Pensions Commission (PenCom) and...

Leadway Assurance, PricewaterhouseCoopers To Educate Public On FG’s Tax Policy

Leadway Assurance, PricewaterhouseCoopers To Educate Public On FG’s Tax Policy Leadway Assurance is set to organize a one-day seminar in partnership with consulting firm PricewaterhouseCoopers...

FIRS Hits N5.3trn Revenue Collection

FIRS Hits N5.3trn Revenue Collection …..Targets N8trn in 2019 …. e-TCC hits 59,350 The Federal Inland Revenue Service, FIRS, re-wrote Nigeria’s tax collection history in 2018, when...

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...

Minister Urges Ecowas to Develop Tax Administration

The Minister of Finance and Economy, Dr. Ngozi Okonjo-Iweala has canvassed for more effective and efficient mobilisation of resource and tax administration among member...

Hoteliers Arrested Over Tax Evasion

  The Federal Inland Revenue Services has arrested Chief Executive Officers (CEOs) of some hotels operating within the Federal Capital Territory for evading taxes....

CITN, Others Insist Tax Remains Sustainable Revenue, Seek Professionalism

CITN, Others Insist Tax Remains Sustainable Revenue, Seek Professionalism   The Chartered Institute of Taxation of Nigeria (CITN), like other global organisations, has lent its voice...

Buhari Explains Removal Of VAT From Domestic Air Fares

Buhari Explains Removal Of VAT From Domestic Air Fares   President Muhammadu Buhari says the recent decision by the Federal Government to remove Value Added Tax...

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 Generates N1 trillion as it Simplifies Tax Certificate Issuance

Federal Inland Revenue Service (FIRS) has generated N1.45 trillion revenue from tax in the second quarter of 2014 just as it has simplified tax...

Court jails chartered accountant over N7.3 million tax fraud, forgery

• remands 3 Skye Bank staff for diverting The Guardian tax cheques• Accountant forged FIRS’ signatureFor conniving, with three staff of Skye Bank Nigeria Plc, to...
FIRS

Nigeria plans to review tax incentives

The Federal Government plans to review its existing tax incentives to further block revenue leakages in the system. Minister of State for Budget and National...
Kemi Adeosun Finance Minister

As From March 31, FG’ll Name And Prosecute Tax Evaders – Adeosun

As From March 31, FG’ll Name And Prosecute Tax Evaders - Adeosun The Federal Government on Thursday said it would name, shame and prosecute tax evaders...

FIRS, States Deploy Web Solution For VAT Payment, Generate N9.76bn

FIRS, States Deploy Web Solution For VAT Payment, Generate N9.76bn     Between July 2016 and April this year, the Federal Inland Revenue Service generated a total...

Tribunal Yet To Hear 209 Cases Of N6trn Tax Worth

Tribunal Yet To Hear 209 Cases Of N6trn Tax Worth   About 209 cases worth over N6tn are currently pending at the various zones of the...

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...

Tax: FIRS Gets N13bn From Billionaire Defaulters

Tax: FIRS Gets N13bn From Billionaire Defaulters Less than a month after it commenced its substitution of accounts of recalcitrant billionaires who have not been...

Expert Advises Taxpayers To Take Advantage Of VAIDS

Expert Advises Taxpayers To Take Advantage Of VAIDS     The Principal Partner, ROAC Chartered Accountants, a leading accounting and tax advisory firm, Mr. Gbenga Akinyemi, says...

Osinbajo Challenges African Tax Experts On BEPS, Transparency

Vice President Prof. Yemi Osinbajo, said Africa tax administrators need to address issues relating to Base Erosion and Profit Shifting (BEPS) and increase transparency...