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...
NCC: 30% Reduction In Income Tax Will Boost Foreign Investments
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has said the 30 per cent reduction in Company Income Tax, which is a pioneer status for prospective investors coming into...
Banks Suspends BDCs' Accounts, Demands Tax Remittance
The Association of Bureau De Change Operators of Nigeria has kicked against ongoing banks’ suspension of bureau de change accounts, demanding for tax remittances on turnover volumes.
In a statement on Thursday, the President, ABCON, Alhaji Aminu Gwadabe, said...
FIRS Agrees To Refund $2m, Other Tax Overpayments In Arco, GE Saga
The Federal Inland Revenue Service (FIRS), has said it will refund the N360million and $2million excess withholding tax (WHT) deducted from Arco Petrochemicals Engineering Company Limited, through its business dealings with General Electric...
