HomeFinancialTax Matters

Tax Matters

More Agitations against Multiple Taxation as Tax revenue hits N2tr

The Chairman of Federal Inland Revenue Service (FIRS), Ifueko Omoigui Okauru has disclosed that multiple taxation are inimical to economic development, just as the said that the economic reforms have pushed tax revenue to N2.2 trillion despite all odds.   Mrs....

Court jails chartered accountant over N7.3 million tax fraud, forgery

• remands 3 Skye Bank staff for diverting The Guardian tax cheques• Accountant forged FIRS’ signatureFor conniving, with three staff of Skye Bank Nigeria Plc, to defraud the Federal Inland Revenue Service, FIRS of N7.3 million, a chartered accountant, Mr. Abayomi Sofolayan, is to spend 18...

Joint Tax Board Communique of November 29, 2010

Communiqué issued at the end of the 123rd  Meeting of the Joint Tax Board held from 29th  November to 1st  December, 2010 at the Conference Hall, Muna Hotels, Yola, Adamawa State.  The Joint Tax Board held its 123rd Meeting from 29th...

FIRS Tasks Tax Payers on their rights for better services

Taxpayers have been advised to come together, form associations and pressure groups to address common issues, press for their rights and channel their demands to the government and obtain better services.  The Executive Chairman, Federal Inland Revenue Service, Mrs. Ifueko Omoigui...

Nigeria Tasks Commonwealth Citizens On Taxes

The Nigeria’s President Goodluck Jonathan has tasked citizens of commonwealth countries including Nigerians to pay their taxes so as to have morale justification to hold governments accountable on implementation of development programmes.   The President, who spoke at a meeting of...

Commonwealth Tax Administrators to hold Annual Conference in Abuja

The Federal Inland Revenue Service (FIRS) in collaboration with the Federal Ministry of Finance is scheduled to host the 2010 31st Annual Technical Conference of the Commonwealth Association of Tax Administrators (CATA) from 10th – 16th October, 2010. Established in 1977...