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The Federal Inland Revenue Service (FIRS) has cautioned Ministries, Departments and Agencies of Government (MDAs) against the appointment of consultants and concessionaires to collect taxes due...
The Federal Inland Revenue Service (FIRS) has responded to queries by the Special Adhoc Committee on Petroleum Subsidy Regime tasked to investigate petroleum products subsidy in...
…Corporate Taxes Trump Oil Earnings For First Time On Record Although taxes now seem to be the main revenue source of the government, it would need...
Upon the effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the...
The Executive Chairman of the Federal Inland Revenue Service (FIRS) Muhammad Nami has called on professional bodies in the regulation of tax practice to lead conversations...
The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for...
The Court of Appeal, sitting in Lagos today has upheld the appeal filed by the Federal Inland Revenue Service (FIRS), against the Lagos Hotel Owners Association...
Leadership Newspaper’s MARK ITSIBOR writes on the need for Nigeria to improve its revenue by harmonising the current tax systems Nigeria has three tax revenue objectives:...
The International Fiscal Association (IFA) has thrown its weight behind Nigeria for refusing to endorse the Organization for Economic Cooperation and Development (OECD) G20 inclusive Framework...
—-Visits to Include MDAs, NGOs, Other Corporate Bodies The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Added Tax...
The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed by some States...
Nigeria’s cautious approach to the endorsement of the Organization for Economic Cooperation and Development (OECD)/ G20 Inclusive Framework two-pillar solution to the taxation of the digital...
There has been a silent change of baton at the cash inflow pipeline into the Federation Account, the proverbial national cake. For decades the Nigeria National...
The Federal Inland Revenue Service (FIRS) has listed Nigeria’s top-performing taxpayers in the year 2021, and commended them for their exceptional efforts in contributing towards providing...
By Kelechi Okoronkwo To harmonize means to produce a pleasing combination; the way it happens in music production. Different sounds and notes are blended to produce...