Banks Shut In Ibadan Over Tax Defaulting
Banks Shut In Ibadan Over Tax Defaulting
It was a disturbing incident as financial transactions were paralyzed in many banks in Ibadan, the Oyo state...
FIRS To Go After Billionaire Tax Defaulters
FIRS To Go After Billionaire Tax Defaulters
The Federal Inland Revenue Service will soon go after the bank accounts of defaulting taxpayers, who are raking...
FIRS To Freeze 6,772 Accounts, Sell Tax Evaders’ Properties
FIRS To Freeze 6,772 Accounts, Sell Tax Evaders’ Properties
The Executive Chairman, Federal Inland Revenue Service, Mr Tunde Fowler, said on Thursday that the government...
FIRS Persists On Expanding Nigeria’s Tax Net
FIRS Persists On Expanding Nigeria’s Tax Net
The Federal Inland Revenue Service (FIRS), has emphasised the need to widen the country’s tax net in order...
Banks Suspends BDCs’ Accounts, Demands Tax Remittance
Banks Suspends BDCs' Accounts, Demands Tax Remittance
The Association of Bureau De Change Operators of Nigeria has kicked against ongoing banks’ suspension of bureau de...
States Failed To Remit N41bn VAT – FIRS
States Failed To Remit N41bn VAT – FIRS
The Federal Inland Revenue Service has accused state governments of failing to remit Value Added Tax to...
FIRS Agrees To Refund $2m, Other Tax Overpayments In Arco, GE Saga
FIRS Agrees To Refund $2m, Other Tax Overpayments In Arco, GE Saga
The Federal Inland Revenue Service (FIRS), has said it will refund the N360million...
9mobile Office Closed In Rivers Over N108m Unpaid Tax
9mobile Office Closed In Rivers Over N108m Unpaid Tax
The regional office of 9mobile (formerly Emerging Markets Telecommunication Service) in Rivers State has been shut...
VAIDS: 180 SMEs Get Education On Tax Compliance
VAIDS: 180 SMEs Get Education On Tax Compliance
In a bid to get more people into the tax net through the Federal Government’s Voluntary Asset...
MDAs to Authenticate Tax Clearance Certificates before Payment
MDAs to Authenticate Tax Clearance Certificates before Payment
The Federal Government has mandated all Ministries, Departments and Agencies of government (MDAs) and the Federal Inland...
Businesses To Improve As FG cuts Tax For SMEs
Businesses To Improve As FG cuts Tax For SMEs
Last week, the Minister of Finance, Mrs Kemi Adeosun, disclosed that the Federal Government is proposing...
21,212 Professionals Certified For Tax, Economic Reforms
21,212 Professionals Certified For Tax, Economic Reforms
The Chartered Institute of Taxation of Nigeria (CITN) has certified no fewer than 21,212 tax professionals to date,...
FG, states Realised N30bn From VAIDS — Fowler
FG, states Realised N30bn From VAIDS — Fowler
A total of N30bn has been realised from taxpayers who have declared their assets under the Voluntary...
Tax Increment On tobacco Will Continue Says Adewole
Tax Increment On tobacco Will Continue Says Adewole
The Minister of Health, Prof. Isaac Adewole, has commended President Muhammadu Buhari for increasing the tax on...
Airline Operators Threaten To Stop VAT Payment June 14
Airline Operators Threaten To Stop VAT Payment June 14
There is an imminent face-off between the Federal Government and airline operators over payment of Value...
Insurance Companies Lose N23bn To Multiple Taxation
Insurance Companies Lose N23bn To Multiple Taxation
Fifty eight insurance companies in the country have decried the increasing multiple taxation they are subjected to by...
Tax: FG captures 5m more Nigerians – Osinbajo
Tax: FG captures 5m more Nigerians – Osinbajo
At least five million more Nigerians have been added to the tax net following reforms in the...
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...
Efficient Tax System Vital To Economic Growth – FIRS
Efficient Tax System Vital To Economic Growth - FIRS
The Coordinating Director, Domestic Taxes Group/Special Adviser to the Executive Chairman, Federal Inland Revenue Service, Mr....
19 Firms Sealed By FIRS Over Unpaid Taxes
19 Firms Sealed By FIRS Over Unpaid Taxes
The Federal Inland Revenue Service has sealed 19 companies over their alleged failure to fulfill their tax...
