FIRS Generates More Revenue With Adoption Of Technology, Says Nami       The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has said that the adoption of technology in tax collection is attracting more income to the service through its TaxProMax. Nami in a statement yesterday by...

FIRS Launches Online Portal On Income Tax     The Federal Inland Revenue Service (FIRS) has launched the Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for financial institutions on administering income tax. The Executive Chairman of FIRS, Mr. Muhammad Nami, disclosed this in Abuja. He said the...

FIRS Extends Tax Debt Payments Deadline To August 31     The Federal Inland Revenue Service (FIRS) has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31, 2020. Its Executive Chairman,...

FIRS Gives Deadline On Tax Interests, Penalties Waiver   Federal Inland Revenue Service (FIRS) is to waive interests accruable to debts as well as the related penalties for defaulting taxpayers if they fully settle their indebtedness on or before May 31. FIRS Executive Chairman, Mr. Muhammad Nami,...

FIRS Targets N4trn Tax From Oil, Gas Companies   The Federal Inland Revenue Service (FIRS) expects to rake in N4 trillion as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year. A statement from the agency said the Executive Chairman of...

FIRS Targets N8.5trn Revenue In 2020   The Federal Inland Revenue Service (FIRS) says it is targeting N8.5 trillion revenue for the country in 2020. The Executive Chairman of FIRS, Mr Muhammad Nami, disclosed this at the 2020 Corporate Plan Retreat in Abuja on Friday. Nami said...