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Fowler: No Multiple Taxation In Nigeria

Fowler: No Multiple Taxation In Nigeria   The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has said multiple taxation does not exist in the country’s tax system. This is just as he urged stakeholders both in the organised private and public sectors to expedite...

In 2018, FIRS’s Revenue Collection Cost Hit N300bn

In 2018, FIRS’s Revenue Collection Cost Hit N300bn The Federal Inland Revenue Service received a total of N300bn within a three-year period covering 2016 to 2018. The figure was obtained by our correspondent from the FIRS on Monday in Abuja. The law setting up the FIRS allows...

FIRS Targets N8trn Revenue In 2019

FIRS Targets N8trn Revenue In 2019 The Federal Inland Revenue Service has given itself a target to generate N8trn revenue in 2019. As such, it called on all taxpayers and other stakeholders to support the drive to make the target achievable. The Chairman, FIRS, Mr Tunde Fowler,...

FIRS To Go After Billionaire Tax Defaulters

FIRS To Go After Billionaire Tax Defaulters The Federal Inland Revenue Service will soon go after the bank accounts of defaulting taxpayers, who are raking in billions of naira in Nigeria and are not paying taxes, according to the FIRS Chairman, Tunde Fowler. In doing that,...

FIRS Persists On Expanding Nigeria’s Tax Net

FIRS Persists On Expanding Nigeria’s Tax Net The Federal Inland Revenue Service (FIRS), has emphasised the need to widen the country’s tax net in order to enhance government’s revenue. The agency also said there was need toencourage the youth to embrace tax culture early in life. Speaking...

AuGF: How FIRS, DPR Were Overpaid N837bn In 1 Month

AuGF: How FIRS, DPR Were Overpaid N837bn In 1 Month   Monies, the report revealed, were moved from the Stabilisation Account for States and the Federal Government by the Presidency for the establishment of an Army Barracks and another sum as investment in the Sovereign Wealth...