Many tax jurisdictions now rely on self-assessment as the major means of tax collection; it has become a tax modern administration trend. Indeed it is now a measure of how up-to-date a tax authority is. By way of definition, it is a tax regime whereby...

It was on Wednesday November 20, 2013 that President Goodluck jonathan sent a letter to the Senate seeking for the confirmation of M'fon Akpan as the new Executive Chairman of the Federal Inland Revenue Service (FIRS).   Mrs. Akpan, who is currently the executive director of...

The Federal Government has decried incidences of multiple taxation in the country, saying it is harmful to the economy. Finance  Minister, Ngozi Okonjo-Iweala who made the position of the goverrnment known at the presentation of the roadmap on the harmonisation of taxes and levies  across...

In its move to commence the implementation of its Integrated Tax Administration Systems (ITAS) and the Government Integrated Financial Management Information System (GIFMIS) across the tiers of government, the Federal Inland Revenue Service (FIRS) has taken its campaigns to manufacturers. FIRS said the move became...

The total revenue of Federal Inland Revenue Service (FIRS), which is generated through taxation in the first half of the year 2012, has increased to about N2.43 trillion. According the Director of Communications and Liaison Department, Mr. Emmanuel Obeta, the revenue generated was N499.2...

The Minister of Finance and Economy, Dr. Ngozi Okonjo-Iweala has canvassed for more effective and efficient mobilisation of resource and tax administration among member countries of the Economic Community of West African States to enhance the development of the sub-region. She...