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Fed Govt To Review Tax Exemption For Pioneer Firms

Fed Govt To Review Tax Exemption For Pioneer Firms   The Federal Inland Revenue Service has accused some multinationals operating in Nigeria of not paying the required tax to government by lying on their pioneer status to get tax exemption for five years instead of the...

FIRS To Defaulters: Pay Up Or Risk Being Sanctioned

FIRS To Defaulters: Pay Up Or Risk Being Sanctioned   The Federal Inland Revenue Service has warned those in default of taxes to pay up or risk being sanctioned in line with the provisions of the Finance Act 2019. The Executive Chairman, FIRS, Muhammad Nami, gave the...

FIRS Targets 17% Tax To GDP Ratio By 2023

FIRS Targets 17% Tax To GDP Ratio By 2023   The Federal Inland Revenue Service has said that it will raise Nigeria’s tax ratio to Gross Domestic Product ratio from the current six per cent to 17 per cent by 2023. The FIRS Executive Chairman, Muhammad Nami,...

FIRS Seeks Stakeholders’ Support On N8.5trn Revenue Target

FIRS Seeks Stakeholders’ Support On N8.5trn Revenue Target   The Federal Inland Revenue Service is seeking the support of stakeholders in achieving its 2020 revenue target of N8.5tn. The Executive Chairman, FIRS, Muhammad Nami, sought the support during a national tour of the six geo-political zones to...

Anxiety In FIRS As Fresh Redeployment Looms

Anxiety In FIRS As Fresh Redeployment Looms   There is anxiety among workers of the Federal Inland Revenue Service following fears that there may be another redeployment exercise among workers in the middle-level management cadre. Top officials in the service told our correspondent on Monday that following...

Shake-Up: FIRS Redeploys 50 Directors

Shake-Up: FIRS Redeploys 50 Directors   Muhammad Nami, executive chairman of the Federal Inland Revenue Service (FIRS), has approved the redeployment of top directors in the agency. Economic Confidential gathered that not less than 50 directors, deputy directors, assistant directors and over 100 other staff of the...