FG Rejects IMF’s Tax Recommendation   In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike. Zainab disclosed this while addressing Nigerian journalists on the participation...

Experts Urge Nigeria, Others To Tax E-Commerce Appropriately   Tax experts at the on-going IMF/World Bank Group Annual Meetings in Bali urged Nigeria and other countries to issue appropriate taxation regulations and tax rates to suit e-commerce businesses in their countries. This was a consensus reached during...

Mining: State Closing Sites Over Tax Disputes   Some state governments have been closing some mining operations over disputed tax obligations, the Minister of State for Mines and Steel Development, Mr Bawa Bwari, has said. Bwari said this in a keynote address delivered at the Second National...

FG Realised N3.9tn Tax Revenue In 9months   The Federal Government realised N3.9tn in tax revenue between January and September this year and this is N1tn higher than the N2.9tn realised in the corresponding period of 2017. The Chairman, Federal Inland Revenue Service, Mr Tunde Fowler, disclosed...

Leadway Assurance, PricewaterhouseCoopers To Educate Public On FG’s Tax Policy Leadway Assurance is set to organize a one-day seminar in partnership with consulting firm PricewaterhouseCoopers aimed at enlightening the public, especially the business community, on the current tax reform policy of the Federal Government as...

Tax: FIRS Gets N13bn From Billionaire Defaulters Less than a month after it commenced its substitution of accounts of recalcitrant billionaires who have not been paying commensurate taxes, the Federal Inland Revenue Service has announced the collection of N12.66 in tax revenue from this category...