Experts Hail FIRS as VAT Hits N1.56trn The Federal Inland Revenue Service(FIRS) has received the commendation of analysts for collecting N1.56trn in its Value Added Tax collections in the second quarter of the year. A report released by the Nigeria Bureau of Statistics on Sunday showed...

MATAN Signs MOU with National Association of Nigerian Traders to Streamline Tax Collection Ambassador Olakunle Moses Johnson, Chairman of the Integrated Market Revenue Management System on VAT Direct Initiative (IMRMS-VDI) under the Market Trader Association of Nigeria, has inked a Memorandum of Understanding (MOU) with...

FIRS Deploys Technology For Tax Collection From Digital Economy   2022: Our Target Is To Achieve 100% Automation Of Tax Administration Processes – FIRS We will give priority to taxation of digital economy … The Federal Inland Revenue Service (FIRS) has stated that it will achieve 100% automation...

2020 Finance Act Improving Tax Collection – CITN     Newly elected president of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Adesina Adedayo, has lauded the federal government for implementing the tax reforms which he said were recommended by past Study and Working Groups of...

Senate Passes Bill To Bar NIPOST From Tax Collection       The Senate on Tuesday passed a bill to effectively restrict Nigerian Postal Service (NIPOST) to only postal operations in the country. The Nigerian Postal Service (Repeal and Re-enactment) Bill, 2021, also unbundled the agency by creating a...

ANAN Seeks Improved Tax Collection, Integrated Reporting The President of the Association of National Accountants of Nigeria (ANAN), Alhaji Shehu Ladan, has urged newly-inducted fellows of the association to lead the campaign against corruption and uphold the highest level of ideals, values and integrity of...