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FIRS Generates N1.171 Trillion In Q1 2018

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

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

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

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

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...

Osinbajo Challenges African Tax Experts On BEPS, Transparency

Vice President Prof. Yemi Osinbajo, said Africa tax administrators need to address issues relating to Base Erosion and Profit Shifting (BEPS) and increase transparency in resource mobilisation. Osinbanjo at the opening of an international conference of Africa Tax Administration Forum (ATAF), said that the continent...