LIRS Shuts 34 Companies Over N356.12m Unremitted Taxes   The Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organisations for failing to remit Personal Income Taxes of their employees and for non-remittance of consumption taxes by operators in the hospitality sector to the...

FIRS, LIRS Join Forces to Strengthen Tax Compliance The Federal Inland Revenue Service (FIRS) and the Lagos Internal Revenue Service (LIRS) have signed a Memorandum of Understanding (MoU) to establish a Joint FIRS and LIRS Audit and Investigation Team, AIT, aimed at driving exchange of...

LIRS Fixes January 31 As Deadline For Filing Tax Returns The Lagos State Internal Revenue Service (LIRS) has called on taxpayers to file their last year’s tax returns before or on January 31, 2022. “The agency reminds businesses and employers of labour of their statutory obligation...

Lagos State Govt Earned N418bn From Tax In 2020 – LIRS         Lagos State Government raked in N418bn as tax revenues in 2020 despite the outbreak of the COVID-19 pandemic, the state’s internal revenue service has said. A statement issued on Sunday by the States Fiscal Transparency...

FG Earns N13.65m From Data Protection Fine, Report Filing       The Federal government has earned the sum of N13.65m from the data protection activities involving licensing, audit report filing and fine, according to the Nigeria Data Protection Regulation Performance report. As contained in the report published by...

LIRS Plans Additional Tax Incentives, Reliefs   The Lagos State Internal Revenue Service has commenced the implementation of additional reliefs and measures to further ease the impact of the COVID-19 pandemic on taxpayers in Lagos State, starting Thursday. According to a statement signed by its Head, Corporate...