Tax Matters

Kogi’s Clampdown May Affect 11 States- Telcos Warn The Kogi State Internal Revenue Service agency has shut down a number of critical telecommunications sites in...

FIRS offers concession to foreign currency tax debtors With effect from 1st of March to 31st March, 2022, taxpayers with pending foreign currency tax liabilities...

Senate Proposes Pollution Tax For Illegal Oil Refiners The Senate has called on the Federal Government to sanction security agencies found culpable of vandalising pipeline...

LIRS Targets N550bn For Transformation   Lagos State Internal Revenue Service (LIRS) is targeting N550 billion revenue to assist the government to transform the state. Director, Personal...

By Kabir Abdulsalam Over the last few years, concerns have been raised by stakeholders that the existing international tax system does not...

FIRS To Tax Profits From Bonds, Securities The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in bonds...

FIRS Deploys Technology For Tax Collection From Digital Economy   2022: Our Target Is To Achieve 100% Automation Of Tax Administration Processes – FIRS We will give...

N10/litre Tax On Soft Drinks: Nigeria’ll Lose Investments - MAN   The Manufacturers Association of Nigeria said on Thursday that the introduction of excise duty of...

Nigerians To Pay VAT For Digital Services, Says Finance minister   Nigerians may have to pay more for digital services as the Federal Government has introduced...

Reps Probe Uber, Bolt, Others Over Tax Returns   The House of Representatives has resolved to investigate the car hire service providers like Uber, Bolt and...

Reps Invite Adebayo, Malami, FIRS As Controversy Emerges Over Tax Holidays   The House of Representatives Committee on Public Accounts has invited the Ministry of Industry,...

FIRS To Capture MDAs Revenue, Waivers As Taxes     The Federal Inland Revenue Service (FIRS) has disclosed that henceforth government revenue, tax waivers, import duty waivers...

Tax: Lagos, Rivers, Others Make N2.33trn From PAYE In Three Years     The 36 states in Nigeria and the Federal Capital Territory earned N2.33tn from Pay...

FIRS To Go After Tax Evaders In Aviation, Maritime Sectors     The Federal Inland Revenue Service (FIRS) has said it will soon commence a back-end tax...

Multichoice Africa loses legal battle on $342M tax to FIRS.   The titanic legal battle by the South African Company, Multichoice Africa Holdings B.V with the...

MultiChoice Nigeria Cleared To Appeal $4.4bn Tax Claim   A Nigerian tax tribunal has cleared MultiChoice Group Ltd., Africa’s biggest pay-TV provider, to appeal a disputed...

More Governors Resolve To Join VAT Collection Suit           South-south Governors Forum, yesterday, declared support for states’ collection of Value Added Tax (VAT) as ordered by...

VAT: Oyo Govt Seeks To Join Rivers In Suit Against Fed Govt             The Oyo State has asked the Court of Appeal sitting in Port Harcourt,...

FIRS Urges Govts To Add Value To Collected Taxes             The Federal Inland Revenue Service (FIRS) has urged state governments not to only collect taxes but...

Northern Governors Reject VAT Laws Enacted By Lagos, Rivers States       Northern Governors Forum on Monday kicked against the Value Added Tax laws enacted by the...