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We’ll Surpass Our N5.3trn 2018 Revenue – FIRS Boss

We'll Surpass Our N5.3trn 2018 Revenue - FIRS Boss   The Executive Chairman, Federal Inland Revenue Service, Mr Babatunde Fowler, has said that the service will this year surpass the N5.3tn revenue generated in the 2018 period. He said this during a chat with finance journalists on...

As 2018 Winds Down, FIRS Generates N5trn, Targets N5.3trn

As 2018 Winds Down, FIRS Generates N5trn, Targets N5.3trn According a statement by the service, the Executive Chairman of the FIRS, Babatunde Fowler, who stated this at the induction of new members of the Joint Tax Board on Wednesday in Abuja, also disclosed that the...

Technology Will Greatly Impact On Tax Administration, Expert Forecast

Technology Will Greatly Impact On Tax Administration, Expert Forecast   Citing a new study conducted by Deloitte on tax administration in Nigeria, experts have said technology will play a significant role on tax administration in the next five years. In view of that, they urged the Federal...

FG Realised N3.9tn Tax Revenue In 9months

FG Realised N3.9tn Tax Revenue In 9months   The Federal Government realised N3.9tn in tax revenue between January and September this year and this is N1tn higher than the N2.9tn realised in the corresponding period of 2017. The Chairman, Federal Inland Revenue Service, Mr Tunde Fowler, disclosed...

FIRS, Stakeholders To Tackle Multiple Taxation

FIRS, Stakeholders To Tackle Multiple Taxation   One of the major challenges confronting tax authorities in Nigeria, is how best to drag more persons into the tax net as well as how to handle the issue of multiplicity of taxes in the country. Therefore, in order to...

Tax: FIRS Gets N13bn From Billionaire Defaulters

Tax: FIRS Gets N13bn From Billionaire Defaulters Less than a month after it commenced its substitution of accounts of recalcitrant billionaires who have not been paying commensurate taxes, the Federal Inland Revenue Service has announced the collection of N12.66 in tax revenue from this category...