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FIRS, Flutterwave Collaborate on Digital Tax Platform

FIRS, Flutterwave Collaborate on Digital Tax Platform   The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to enable seamless digital tax collection, making the fintech company one of the few supporting the government’s efforts to modernise tax payments. Flutterwave disclosed this in a statement...

Tax Reform Bills: NITDA, TETFUND to Remain as Reps c’ttee Proposes Major Changes

Tax Reform Bills: NITDA, TETFUND to Remain as Reps c’ttee Proposes Major Changes The House of Representatives Committee on Finance has proposed major changes in the tax reform bills sent to the National Assembly by President Bola Ahmed Tinubu. Daily Trust reports that the committee modified...

E-invoicing to Boost tax-to-GDP Ratio, Curb Revenue Loss – FIRS

E-invoicing to Boost tax-to-GDP Ratio, Curb Revenue Loss - FIRS The Federal Inland Revenue Service (FIRS) has stated that the implementation of the electronic-invoicing (e-invoicing) system will boost Nigeria’s tax-to-GDP ratio by improving tax compliance, enhancing transparency and curbing revenue losses. The e-invoicing, according to the...

FIRS Pledges to Raise Tax-to-GDP Ratio, Improve Tax Compliance with e-Invoice system

The Federal Inland Revenue Service (FIRS), yesterday said it was determined to drive Nigeria’s tax-to-Gross Domestic Product (GDP) ratio.

Revenue as Nigeria’s New ‘Crude Oil, By Dare Adekanmbi

Revenue as Nigeria’s New ‘Crude Oil By Dare Adekanmbi •Why President Tinubu Deserves Commendation Prior to Nigeria’s independence in 1960, agriculture was the mainstay of its economy, even as reflected in the economic activities of the regions there were in the country at that time. Famous stories...

FG Predicts Economic Uplift as Tax Bills Take Effect

FG Predicts Economic Uplift as Tax Bills Take Effect   Experts in law and finance, including high-ranking government officials, emphasize the crucial role that law plays in driving economic growth and prosperity in Nigeria. This is just as the federal government reiterated that the tax reform bills...