ICPC, FIRS Join Forces to Tackle Tax Evasion, Target N1.9trn   The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN has assured the Federal Inland Revenue Service (FIRS) that the Commission will assist the agency to tackle...

States’ Internal Revenue Collection Rises N2trn, Says Adedeji The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has revealed that states’ Inland Revenue Service (IRS) have recorded improvements in revenue collection which has now reached N2 trillion mark for the first time. Adedeji...

Tax Crimes Commission Bill Passes Second Reading  The House of Representatives on Wednesday passed a bill seeking the establishment of the National Tax Crimes Commission to address revenue leakages in tax management and administration in the country. When established, the bill sponsored by the Deputy Speaker...

Tax Crimes Commission Bill Passes Second Reading  The House of Representatives on Wednesday passed a bill seeking the establishment of the National Tax Crimes Commission to address revenue leakages in tax management and administration in the country. When established, the bill sponsored by the Deputy Speaker...

Senate to FIRS: Suspend N17trn Tax Waivers   The Senate through its Committee on Finance on Monday frowned at the N17tn loss incurred by the country on tax waivers within the last five years. It consequently urged the Federal Inland Revenue Service (FIRS) to suspend the tax...

FIRS Suspends Implementation of VAT Guidelines   The Federal Inland Revenue Service (FIRS) has announced the postponement of the implementation guidelines for the value-added tax simplified compliance regime on the supply of low-value goods through digital means by non-resident suppliers. In a statement, it said the postponement...