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. Abiodun Aina, says efficient tax system is vital to the Federal Government’s quest to achieve sustainable economic growth and infrastructure...

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 obligations. In Lagos, the FIRS enforcement team on Wednesday sealed the premises of Seabulk Offshore Operations Nigeria Limited at 11A, Grace...

SMEDAN, JTB, FIRS , Begin Sensitisation For SMEs     The Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB) and the Small and Medium Enterprises Development Agency (SMEDAN) have begun a sensitisation exercise for Business Membership Organisations (BMOs) on tax payment and their rights as taxpayers,...

Rising Taxes On Alcoholic Beverages Threatening N420bn Investments Says Group     The Federal Government has been urged to reverse its decision to increase the excise duty on locally produced alcoholic beverages and tobacco as the policy is capable of affecting the over N420bn investments so far...

VAIDS: Buhari Extends Deadline To June 30     President Muhammadu Buhari on Wednesday approved the extension of the Voluntary Assets and Income Declaration Scheme to June 30, 2018. According to a statement by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, the...

N28bn Recovered From Tax Defaulters - EFCC   The Economic and Financial Crimes Commission says it has recovered N28bn from tax defaulters on behalf of the Federal Inland Revenue Service. The Spokesman for the EFCC, Mr. Wilson Uwujaren, said this in a statement on Tuesday. According to the...