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FIRS To Go After Tax Evaders In Aviation, Maritime Sectors

FIRS To Go After Tax Evaders In Aviation, Maritime Sectors     The Federal Inland Revenue Service (FIRS) has said it will soon commence a back-end tax audit on operators in the maritime and aviation industries to checkmate tax evasion. The Executive Chairman, Muhammad Nami, who made the...

Recover N17.69bn From Tax Evaders, Senate Tells FIRS

Recover N17.69bn From Tax Evaders, Senate Tells FIRS       The Federal Inland Revenue Service confirmed that companies with untraceable addresses evaded taxes to the tune of N17.69bn, according to a report by the Office of the Auditor General of the Federation for 2015. The Senate has consequently...

FIRS To Freeze 6,772 Accounts, Sell Tax Evaders’ Properties

FIRS To Freeze 6,772 Accounts, Sell Tax Evaders’ Properties The Executive Chairman, Federal Inland Revenue Service, Mr Tunde Fowler, said on Thursday that the government would sell properties built and developed in corporate names across the country on which taxes were not being paid. Fowler disclosed...

Tax: Global Body Tightens Noose Against Evaders

Tax: Global Body Tightens Noose Against Evaders   The multilateral convention to implement tax treaty related measures and Prevent Base Erosion and Profit Shifting (BEPS) will enter into force on July 1, 2018, marking a significant step in international efforts to update the existing network of...

As From March 31, FG’ll Name And Prosecute Tax Evaders – Adeosun

As From March 31, FG’ll Name And Prosecute Tax Evaders - Adeosun The Federal Government on Thursday said it would name, shame and prosecute tax evaders who fail to take advantage of the amnesty provided by the Voluntary Assets and Income Declaration Scheme to regularise their...

FG To Target Tax Evaders Come April

FG To Target Tax Evaders Come April The Minister of Finance, Mrs Kemi Adeosun, has disclosed that the Federal Government would aggressively go after tax evaders from next April when the grace period for voluntarily assets and income declaration would have been over. She announced that...