FIRS To Freeze 6,772 Accounts, Sell Tax Evaders’ Properties The Executive Chairman, Federal Inland Revenue Service, Mr Tunde Fowler, said on Thursday that the government would sell properties built and developed in corporate names across the country on which taxes were not being paid. Fowler disclosed...

FIRS Agrees To Refund $2m, Other Tax Overpayments In Arco, GE Saga   The Federal Inland Revenue Service (FIRS), has said it will refund the N360million and $2million excess withholding tax (WHT) deducted from Arco Petrochemicals Engineering Company Limited, through its business dealings with General Electric...

Tax defaulters must pay arrears with interests, penalties The Chairman, Federal Inland Revenue Services (FIRS), Babatunde Fowler, has said Nigerians who defaulted in paying their taxes at the expiration of the grace given by the Voluntary Assets Income Declaration Scheme (VAIDS), would pay the outstanding...

Multiple Taxation: Insurers Receive N1Billion Refund The outgoing Nigerian Insurers Association (NIA) chairman, Mr Eddie Efekoha, has said his tenure successfully addressed some critical industry challenges, especially multiple taxation from tax authorities, with a refund of N1billion Efekoha, however, attributed successes achieved during tenure to support...

Only CITN Members Can File Tax Returns- FIRS Beginning from January 2 next year, only tax returns with the seal of the Chartered Institute of Taxation of Nigeria (CITN) will be treated by the Federal Inland Revenue Service (FIRS). The new rule however allows tax payers...

FIRS, States Deploy Web Solution For VAT Payment, Generate N9.76bn     Between July 2016 and April this year, the Federal Inland Revenue Service generated a total revenue of N9.76bn through the State Offices of the Accountant-General Platform. The Executive Chairman, FIRS, Mr. Tunde Fowler, gave the figure...