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Wednesday, May 22, 2019

FIRS Targets N8trn Revenue In 2019

FIRS Targets N8trn Revenue In 2019 The Federal Inland Revenue Service has given itself a target to generate N8trn revenue in 2019. As such, it called...

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...

FCT-IRS Generates N59bn From Tax Collection

FCT-IRS Generates N59bn From Tax Collection The FCT-Internal Revenue Service has generated N59bn from taxation this year. The agency has also projected to increase the revenue...

As 2018 Winds Down, FIRS Generates N5trn, Targets N5.3trn

As 2018 Winds Down, FIRS Generates N5trn, Targets N5.3trn According a statement by the service, the Executive Chairman of the FIRS, Babatunde Fowler, who stated...

Tax Revenue: FG Targets N900bn Offshore Assets

Tax Revenue: FG Targets N900bn Offshore Assets The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, has disclosed that the...

‘Tax Reforms Policies Should Target Consumption’

‘Tax Reforms Policies Should Target Consumption’   The Partner, Advisory, West Africa, EY, Ben Afudego, has stated the need for the federal government to pursue tax...

Tribunal Commences Hearing Of 209 Tax Cases Worth N205bn

Tribunal Commences Hearing Of 209 Tax Cases Worth N205bn   The newly inaugurated Tax Appeal Tribunal on Tuesday commenced its sitting on tax-related cases with a...

150 Telecom Sites Shut Over Unmet Tax Demands

150 Telecom Sites Shut Over Unmet Tax Demands   About 150 telecommunications base stations have been closed down in 10 states and the Federal Capital Territory...

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...

Technology Will Greatly Impact On Tax Administration, Expert Forecast

Technology Will Greatly Impact On Tax Administration, Expert Forecast   Citing a new study conducted by Deloitte on tax administration in Nigeria, experts have said technology...

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...

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...

ANAN Seeks Improved Tax Collection, Integrated Reporting

ANAN Seeks Improved Tax Collection, Integrated Reporting The President of the Association of National Accountants of Nigeria (ANAN), Alhaji Shehu Ladan, has urged newly-inducted fellows...

FG Rejects IMF’s Tax Recommendation

FG Rejects IMF’s Tax Recommendation   In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has...

Experts Urge Nigeria, Others To Tax E-Commerce Appropriately

Experts Urge Nigeria, Others To Tax E-Commerce Appropriately   Tax experts at the on-going IMF/World Bank Group Annual Meetings in Bali urged Nigeria and other countries...

Mining: State Closing Sites Over Tax Disputes

Mining: State Closing Sites Over Tax Disputes   Some state governments have been closing some mining operations over disputed tax obligations, the Minister of State for...

FG Realised N3.9tn Tax Revenue In 9months

FG Realised N3.9tn Tax Revenue In 9months   The Federal Government realised N3.9tn in tax revenue between January and September this year and this is N1tn...

FIRS, Stakeholders To Tackle Multiple Taxation

FIRS, Stakeholders To Tackle Multiple Taxation   One of the major challenges confronting tax authorities in Nigeria, is how best to drag more persons into the...

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...

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...