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Tax Matters

AGF Eulogises Ex-FIRS boss on improved Tax Policies

The immediate past Chairman of Federal Inland Revenue Service in Nigeria, Mrs. Ifueku Okaru has been commended for championing the active participation of the country in local and international Tax Administration fora which have consequently influenced the formulation of feasible taxation policies in the...

FIRS sets Deadline for Filing Tax Returns

The Federal Inland Revenue Service (FIRS), has set a deadline of March 31 for all taxable persons to file their personal income tax returns.The Chairman, Mrs. Ifueko Omoigui-Okauru, stated this at the opening ceremony of the FIRS 2012 corporate retreat and enlarged management meeting...

States Can Survive on IGR- FIRS

After the recent announcement by Federal Inland Revenue Service (FIRS) that the president, vice president, governors and their deputies would have to pay tax on their income based on the Amended Personal Income Tax Act, the agency has stated that all states of the...

Subsidy: Govt Grants Waiver for Oil Importing Companies– FIRS

The Federal Inland Revenue Service (FIRS) has disclosed that a federal government waiver exempted fuel importing companies from paying tax on petrol, diesel and kerosene, even when they reaped trillions from subsidy payouts. The Executive Chairman of FIRS, Ifueko Omoigui-Okauru made the disclosure at...

FIRS Advocates Taxation in Curriculum

Mrs. Ifueko Omoigui Okauru, the executive chairman, Federal Inland Revenue Service (FIRS) has appealed to the Federal Ministry of Education to fast track the entrenchment of taxation in the nation’s education curriculum. According to FIRS boss, entrenchment of taxation is...

Hoteliers Arrested Over Tax Evasion

  The Federal Inland Revenue Services has arrested Chief Executive Officers (CEOs) of some hotels operating within the Federal Capital Territory for evading taxes. The arrest of the hoteliers was carried out by a combined team of FIRS enforcement staffs and Mobile Policemen.The Economic...