FIRS Extends Tax Debt Payments Deadline To August 31
The Federal Inland Revenue Service (FIRS) has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31, 2020.
Its Executive Chairman,...
IGR: Investment Experts Seek Review Of Tax Collection Initiative
On the backdrop of fall in Internally Generated Revenue (IGR) across the 36 states of the federation, investment experts at FBNQuest, the investment banking arm of First Bank of Nigeria Limited, have called for a review...
ASUU’s Reluctance On IPPIS Migration Ploy To Evade Tax – OAGF
The Office of the Accountant General of the Federation (OAGF) has accused the Academic Staff Union of Universities (ASUU) and staff of other tertiary institutions of plans to evade taxes as the controversy over...
LCCI Demands One-year Tax Holiday For Healthcare Firms, Manufacturers
Given the devastating blow coronavirus has dealt businesses in the past five weeks, business owners in the country have demanded one-year tax break among others from the government to enable them to recover.
This was contained in...
Sokoto Abolishes Cash Payment Of Revenue, Tax
The Sokoto State Government has said the payment of tax or any form of state revenue by cash will no longer be tolerated.
Governor Aminu Tambuwal stated this at the stakeholders’ sensitisation on Sokoto State Revenue Integration and Consolidation...
FIRS Targets N4trn Tax From Oil, Gas Companies
The Federal Inland Revenue Service (FIRS) expects to rake in N4 trillion as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year.
A statement from the agency said the Executive Chairman of...
