FIRS To Deduct Tax From Defaulters’ Bank Accounts       The Federal Inland Revenue Service (FIRS) has threatened to deduct tax liabilities from defaulters’ bank accounts. It said in a statement in Abuja, Wednesday, that the move was being considered, “following rising cases of willful and illegal withholding...

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 Gives 7-day Notice To Tax Defaulters   The Federal Inland Revenue Service has given a seven-day notice to tax defaulters, with a warning that it will soon begin a nationwide tax enforcement to bring defaulters to book. The notice was contained in a statement signed by...

23,141 Tax Defaulters Owe N254bn, Says FIRS   The Federal Inland Revenue Service says a total of 23,141 defaulters owe N254bn in tax liabilities. The service also said it recovered over N97.7bn from tax defaulters since it gave the directive to banks. The Executive Chairman, FIRS, Mr Babatunde...

FIRS Lists Obasanjo Farms, Others Among 1901 Tax Defaulters   The Federal Inland Revenue Service (FIRS) has published names of businesses that have failed to comply with their tax obligations. The list which comprise of a total of 1901 accounts was published the FIRS website with...

As FG Recovers N33bn From Defaulters, Earns N1.1trn From VAT   The National Bureau of Statistics has said that the country generated a total of N1.1tn as Value Added Tax revenue (VAT) in the 2018 fiscal period. The amount is contained in the VAT report for the...