Former FIRS Chair Muhammad Nami Urges Probe into "Criminal Alteration" of Tax Laws   The immediate past Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has described the alleged tampering of the recently passed Tax Administration Act as a "shocking" and "criminal" assault...

How Ex-FIRS Boss, Nami, Reacted to Alleged Last-minute Approval of Multi-Billion Naira Expenses   The immediate-past chair of the Federal Inland Revenue Services (FIRS), Muhammad Nami, has reacted to a media report accusing him of last minute “suspiciously approval of billions of Naira and Millions of Dollars” to...

FIRS Remits Over N309bn Education Tax To TETFund   The Federal Inland Revenue Service (FIRS) has remitted over N309 billion from education taxation to the Tertiary Education Trust Fund (TETFund). The revenue generated by FIRS from across tertiary education institutions in the country between January and...

VAIDS: FIRS, JTB Commence Enforcement On Defaulters   Following the expiration of the amnesty by the Voluntary Assets and Income Declaration Scheme (VAIDS), the Joint Tax Board (JTB), in collaboration with the Federal Inland Revenue Service (FIRS), would commence a “full scale Enforcement Exercise” on defaulting...

FIRS Seeks Collaboration Among African Countries On Digital Tax   The Federal Inland Revenue Service (FIRS) has reached out to other African countries to collaborate with it to effectively tax digital businesses. Executive Chairman, FIRS, Muhammad Nami, made the call at a Technical Assistance Programme organised by...

FIRS offers concession to foreign currency tax debtors With effect from 1st of March to 31st March, 2022, taxpayers with pending foreign currency tax liabilities will be able to settle these obligations in Naira during the Federal Inland Revenue Service (FIRS) one-month window, Muhammad Nami,...