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...
Reconstituted NTPIC Will Boost Non-oil Revenue - Fowler
The Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler, has declared that the reconstitution of the National Tax Policy Implementation Committee (NTPIC), will lead to a boost in the country’s non-oil revenue.
Fowler made the declaration yesterday, at...
Investors Demand VAT Exemption In Stock Market Extended
Some investors in the Nigerian capital market have called on the federal government to extend the exemption of Value Added Tax (VAT) charges on transactions on the Nigerian Stock Exchange (NSE) so as to attract more patronage...
FG Clears N33.13bn PAYE Liabilities
The Federal Inland Revenue Service has said that the Federal Government has cleared N33.13bn outstanding PAYE tax liabilities owed by Federal Ministries, Departments and Agencies to states from 2002 to 2016, in the South-West region.
The chairman, Joint Tax Board, Mr...
Manufacturers Object FG’s Planned Increase In VAT And Taxation
Manufacturers and providers of goods and services under the aegis of Nigeria Employers’ Consultative Association (NECA) wednesday expressed their opposition to the plans by the federal government to increase taxation, including the value added tax (VAT).
NECA...
