FIRS Lists Obasanjo Farms, Others Among 1901 Tax Defaulters   The Federal Inland Revenue Service (FIRS) has published names of businesses that have failed to comply with their tax obligations. The list which comprise of a total of 1901 accounts was published the FIRS website with...

Abuse Of Tax Incentives, Multi-Taxation Are Impediments To Taxation - CITN   The Chartered Institute of Taxation of Nigeria (CITN), on Monday, said multiple taxation and abuse of tax incentives were challenges impeding development of the Nigerian taxation system. Dame Gladys Olajumoke, President of the Institute, made...

Buhari Summons Fowler Over Tax Under Remittance President Muhammadu Buhari has summoned the Executive Chairman of the Federal Inland Revenue Service(FIRS) Mr Babatunde Fowler to the Presidential Villa Monday August 19 to explain discrepancies  and underremittance of tax revenue between 2015 and 2018, Economic Confidential...

FIRS Sets Deadline For VAT Remittance The Federal Inland Revenue Service has said all companies must remit value-added tax and withholding tax by the 21st day of every month. It disclosed this in a public notice on Wednesday signed by its Chairman, Mr Babatunde Fowler, noting...

Tax Dispute: MTN Engages KPMG To Tackle FIRS MTN has engaged the services of the KPMG to handle the demand for the payment of tax on the N330bn ($1.1bn) fine it paid to the government, investigation has shown. The company had confirmed having a technical disagreement...

NNPC To Assist FIRS, DPR Recover Unpaid Taxes, Others From IOCs The Nigerian National Petroleum Corporation (NNPC) has offered to help the Department of Petroleum Resources (DPR) and Federal Inland Revenue Service (FIRS) collect unpaid taxes and royalties from oil companies, including those on Joint...