Stamp Duty: Reps Moves To Reconcile NIPOST, FIRS     The House of Representatives, has moved to reconcile the Federal Inland Revenue Service (FIRS) and the Nigerian Postal Services (NIPOST), over stamp duty collection role. The House of Representatives Committee on Finance, on Tuesday held a meeting, chaired...

Stamp Duty: FIRS Orders Landlords, Agents On 6% Charge Remittance     The Federal Inland Revenue Service (FIRS) has called on landlords and property agents to ensure they charge 6 percent Stamp Duty on all tenancy and lease agreements they enter into with all renters and remit...

Senate To Intervene In FIRS, NIPOST Stamp Duty Dispute     The Senate says it will soon schedule a meeting with all relevant stakeholders to resolve the ongoing stamp duty controversy between the Nigerian Postal Service and the Federal Inland Revenue Service. The Chairman Senate Committee on Finance,...

Stamp Duty: NIPOST Tackles FIRS, Moves For Finance Act Amendment     The Nigerian Postal Service has sent a request for an amendment to the Finance Act 2019 to the National Assembly as it seeks to be empowered to earn revenue from the collection of stamp duty. It...

Stamp Duty Revenue Projection Reduced To N200bn     The FIRS said it has deployed technology to increase its tax base as well as improve the collection process. FIRS Executive Chairman, Muhammad Nami, noted, however, that accessing and collecting tax depend largely on the performance of the economy...

FG To Charge N50 Stamp Duty On E-receipts, Notifications   The Federal Inland Revenue Service will henceforth charge Nigerians N50 stamp duties on all forms of electronic notifications. These includes SMS and messages on any electronic platform such as emails and WhatsApp messages. This was contained in...