Tax: FG captures 5m more Nigerians – Osinbajo   At least five million more Nigerians have been added to the tax net following reforms in the tax collection architecture, Vice President Yemi Osinabajo has said. Prof. Osinbajo who spoke yesterday at the 20th annual tax conference by...

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 revenue of N9.76bn through the State Offices of the Accountant-General Platform. The Executive Chairman, FIRS, Mr. Tunde Fowler, gave the figure...

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...