Efficient Tax System Vital To Economic Growth - FIRS     The Coordinating Director, Domestic Taxes Group/Special Adviser to the Executive Chairman, Federal Inland Revenue Service, Mr. Abiodun Aina, says efficient tax system is vital to the Federal Government’s quest to achieve sustainable economic growth and infrastructure...

FIRS Generates N1.171 Trillion In Q1 2018     The Federal Inland Revenue Service (FIRS) has raked in N1.171 trillion in the first quarter of 2018, the Executive Chairman, FIRS, Mr. Tunde Fowler has said. A statement from Mr. Wahab Gbadamosi, Head, Communications and Servicom Department, FIRS indicated...

SMEDAN, JTB, FIRS , Begin Sensitisation For SMEs     The Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB) and the Small and Medium Enterprises Development Agency (SMEDAN) have begun a sensitisation exercise for Business Membership Organisations (BMOs) on tax payment and their rights as taxpayers,...

N28bn Recovered From Tax Defaulters - EFCC   The Economic and Financial Crimes Commission says it has recovered N28bn from tax defaulters on behalf of the Federal Inland Revenue Service. The Spokesman for the EFCC, Mr. Wilson Uwujaren, said this in a statement on Tuesday. According to the...

NNPC, Others Receive N191.34bn As Revenue Generation Cost     Three revenue generating agencies of the federal government: Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and Nigerian National Petroleum Resources (through the Department of Petroleum Resources) have all received cumulative sum of over N191.34 billion...

FIRS Says No to Punitive Insurers Tax Law The Federal Inland Revenue Service (FIRS), has mandated its staff across the country to stop the implementation of the sections of yet-to-be amended tax law that has brought heavy tax burden to insurers. The good news came recently...