FIRS Urges Govts To Add Value To Collected Taxes             The Federal Inland Revenue Service (FIRS) has urged state governments not to only collect taxes but also add value to the taxes collected. The Service is also worried that 22 years since Nigeria started this democratic dispensation...

Buhari Orders FIRS To Tax Digital Transactions           The Secretary to the Government of the Federation (SGF) and Chairman, Presidential Task Force (PTF) on COVID-19, Boss Mustapha President Muhammadu Buhari has ordered the deployment of technology to tax all digital transactions carried out across the country. The Secretary...

Private Sector Seeks FG’s Intervention On VAT Remittance             Following the controversy between the Federal and State Government on Value Added Tax (VAT), especially as today’s penalty-free period ends for tax remittance for the month of August, organised businesses have expressed concerns as to where to...

VAT Judgement: FIRS May Lose N92bn Revenue To States             If the judgement of the Federal High Court asking states government to collect Value Added Tax in their domain is upheld by the Appeal Court, the Federal Inland Revenue Service will lose about N92bn which it...

VAT: FIRS Patriotic Stance And National Developement, by Abubakar Yusuf       Following the landmark judgement of the Appeal court,Abuja division for parties to return to status quo on the judgement of the Federa High Court Portharcout Division instituted by Rivers State Government, that deals with the...

Andersen Faults FIRS On N1.8trn Tax Liability On Multichoice         Tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS), arrived at the N1.8 trillion tax bill it slammed on MultiChoice Nigeria, warning that it could harm the reputation of both...