Reconstituted NTPIC Will Boost Non-oil Revenue - Fowler   The Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler, has declared that the reconstitution of the National Tax Policy Implementation Committee (NTPIC), will lead to a boost in the country’s non-oil revenue. Fowler made the declaration yesterday, at...

Nigeria’s taxpayer population hits 33m Nigeria’s tax population has hit 33 million.This was disclosed by Mr. Tunde Fowler, Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland Revenue Service (FIRS) at the 142nd meeting of the JTB in Bauchi. Fowler According to Fowler,...

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...

Tax defaulters must pay arrears with interests, penalties The Chairman, Federal Inland Revenue Services (FIRS), Babatunde Fowler, has said Nigerians who defaulted in paying their taxes at the expiration of the grace given by the Voluntary Assets Income Declaration Scheme (VAIDS), would pay the outstanding...

Only CITN Members Can File Tax Returns- FIRS Beginning from January 2 next year, only tax returns with the seal of the Chartered Institute of Taxation of Nigeria (CITN) will be treated by the Federal Inland Revenue Service (FIRS). The new rule however allows tax payers...

Vice President Prof. Yemi Osinbajo, said Africa tax administrators need to address issues relating to Base Erosion and Profit Shifting (BEPS) and increase transparency in resource mobilisation. Osinbanjo at the opening of an international conference of Africa Tax Administration Forum (ATAF), said that the continent...