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FIRS Rolls Out Plan to Combat Tax Evasion, Illicit Financial Flows

The Federal Inland Revenue Service (FIRS) has announced plans to host a two-day national conference on illicit financial flows as part of renewed efforts to combat tax evasion and safeguard Nigeria’s financial system.

FIRS, Netherlands Renegotiate Begin Double Taxation Treaty

The Federal Inland Revenue Service (FIRS) and the Kingdom of the Netherlands commenced the renegotiation of the Double Taxation Agreement between Nigeria and the Netherlands.

Rewriting Nigeria’s Fiscal Map with a New VAT Sharing Formula, By Zekeri Idakwo Laruba 

Rewriting Nigeria’s Fiscal Map with a New VAT Sharing Formula By Zekeri Idakwo Laruba In what may become one of the most consequential reforms of Nigeria’s fiscal system, President Bola Tinubu has signed into law a new Value Added Tax (VAT) sharing formula that dramatically alters...

Why Tinubu Replaced FIRS with NRS in Sweeping Tax System Overhaul

‎Why Tinubu Replaced FIRS with NRS in Sweeping Tax System Overhaul ‎ ‎In a bold move to modernize Nigeria’s fiscal landscape, President Bola Ahmed Tinubu has signed into law four transformative tax reform bills, effectively dissolving the Federal Inland Revenue Service (FIRS) and establishing a new...

FIRS Scrapped as Tinubu Signs Landmark Tax Reform Bills to Modernize Fiscal System

FIRS Scrapped as Tinubu Signs Landmark Tax Reform Bills to Modernize Fiscal System   In a major milestone for Nigeria’s economic reform agenda, President Bola Ahmed Tinubu on Thursday signed into law four transformative tax reform bills aimed at overhauling the country’s fiscal and revenue administration...

Tinubu to Sign Tax Reform Bills into Law Today 

Tinubu to Sign Tax Reform Bills into Law Today  President Bola Tinubu will, on Thursday, sign into law four tax reform bills that will “transform Nigeria’s fiscal and revenue framework,” the Presidency has revealed. Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed...