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Tax Matters

AuG Uncovers N14bn Tax Irregularities in Over 30 MDAs

AuG Uncovers N14bn Tax Irregularities in Over 30 MDAs A report by the Auditor-General of the Federation has unearthed tax irregularities amounting to N14.33bn across more than 30 Ministries, Departments, and Agencies. The findings, disclosed in the Auditor-General’s Annual Report on Non-Compliance and Internal Control Weaknesses,...

We Don’t Need New Taxes, We Need New Tax Payers – FIRS Boss

We Don't Need New Taxes, We Need New Tax Payers - FIRS Boss The Federal Inland Revenue Service (FIRS) Chairman, Dr Zacch Adedeji, has reassured Nigerians that the proposed tax reform laws are not aimed at creating new taxes but increasing the number of eligible...

Tax Reform Bill: Attribution before Derivation

Tax Reform Bill: Attribution before Derivation I have been studying this tax reform bill for sometime now but my worry is heightening by the day. The truth is that Tinubu’s tax experts who worked on the bill has inputed so much into the bill which...

Why We Must Address Inherent Injustice in Present VAT Regime – FIRS Boss

Why We Must Address Inherent Injustice in Present VAT Regime - FIRS Boss   The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has described the allocation of 70% of value-added tax (VAT) proceeds to Lagos, Rivers, and the Federal Capital Territory (FCT)...

Governors Threatening us Over Tinubu’s Tax Reform Bills – Reps

Governors Threatening us Over Tinubu’s Tax Reform Bills - Reps   The deputy spokesman of the House of Representatives, Mr Philip Agbese, has disclosed that some governors are threatening to deny some federal lawmakers return tickets in the 2027 general election if they did not withdraw...

Dangote named most tax complaint business organizations by FIRS

Dangote named most tax complaint business organizations by FIRS It was a season of award at the weekend for the Dangote Group and its subsidiaries following their recognition as best Nigeria’s best compliant tax payer business organization and FMDQ Gold award winner for being the...