Digital companies, Twitter, Facebook and other social media platforms will be taxed by the Federal Inland Revenue Service (FIRS) in 2022, as tax agency set up...
Some Nigerian companies are said to be evading tax payment with change of office location as the Federal Inland Revenue Service (FIRS) can no longer trace...
The Federal Inland Revenue Service (FIRS) has said it will appeal the judgement barring it from collecting Value Added Tax (VAT) in Rivers State. The tax...
On Monday, the Federal High Court ruled that the collection of value added tax (VAT) sales taxes, education tax and levies by any Federal Government agent...
The Federal Inland Revenue Service (FIRS) has been ordered to stop demanding and collecting value-added tax (VAT) and personal income tax (PIT) across Nigeria. A federal...
There was confusion in Port Harcourt, Rivers State, on Friday morning following the closure of the corporate headquarters of the Niger Delta Development Commission (NDDC) in...
Multichoice, South African digital television has denied the accusation from the Federal Inland Revenue Service (FIRS) that it dodged tax and had an outstanding of N1.8...
The Federal Inland Revenue Service (FIRS) has disclosed that it issued a mandate to banks over the freezing of the accounts of media entertainment firm, MultiChoice Africa...
The Federal Inland Revenue Service (FIRS) has stated that it generated N650 billion as revenue in June. The Director, Communications and Liaison Department, FIRS, Mr Abdullahi...
The Economic and Financial Crimes Commission (EFCC) has re-arraigned two ex-directors and top officials of the Federal Inland Revenue Service (FIRS) on allegations of fraud. The...
The Tax Appeal Tribunal, Abuja on Wednesday, ordered a former President of the Nigerian Bar Association (NBA), Joseph Daudu (SAN), to pay the sum of N.248.5...
Justice Bolaji Olajuwon of the Federal High Court, Abuja, on Tuesday, fixed June 23 for the re-arraignment of some staff of the Federal Inland Revenue Service...
The House of Representatives Committee on Public Accounts on Wednesday asked the Executive Chairman of the Federal Inland Revenue Services (FIRS), Muhammad Nami, to resign from...
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammed Nami, has said Ministries, Departments, and Agencies of the Federal Government are the major guilty...
The Human Rights Writers Association of Nigeria (HURIWA) has criticised the Federal Inland Revenue Service (FIRS) over the imposition of over N70m as Company Income Tax...
The Senate on Wednesday approved N216.64 billion as the Federal Inland Revenue Service (FIRS) budget for the 2021 fiscal year. The upper legislative chamber’s approval followed...
The arguement of which government agency is in charge of collecting stamp duty charges has continued as the Federal Inland Revenue Service (FIRS) has again claimed...
Civil society organisations: Transparency International and the Human Rights Writers Association of Nigeria, on Sunday, March 14, berated the N1.4bn budget for meals and refreshments by...
The Federal Inland Revenue Service (FIRS) has revealed that no fewer than 1,800 new staff were recruited in the last one year. The Executive Chairman of...
The Federal Inland Revenue Service (FIRS) has revealed that corruption and abuse of office by civil servants and political public office holders remained a major enabler...
The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry...
The Federal Inland Revenue Service (FIRS) collected N4.95 trillion in total tax revenue in 2020, the agency said on Tuesday. However, this was N367.7 billion lower...
The Economic and Financial Commission (EFCC) for the second time in two days quizzed the immediate past Chairman of the Federal Inland Revenue Service (FIRS) Babatunde...
The Minister of Communications and Digital Economy, Isa Pantami, said on Friday the disagreement between the Nigerian Postal Service (NIPOST) and the Federal Inland Revenue Service...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
The Federal Inland Revenue Service (FIRS) generates N3 billion every week through stamp duty collection, Muhammad Nami, the fiscal authority head, said on Tuesday. Nami, who...
The Nigerian Postal Service (NIPOST) has refuted the claim by the Federal Inland Revenue Service (FIRS) in some tweets last week that the postal agency was...
The wrangling between government revenue-generating agencies, Nigerian Postal Service (NIPOST) and Federal Inland Revenue Service (FIRS) over stamp duty collection festered on Tuesday. Both agencies have...
The Federal Inland Revenue Service (FIRS) on Tuesday threw more light on the operation of the stamp duty on tenancy in the country. According to Muhammad...
The Federal Inland Revenue Service (FIRS) on Saturday made clarifications on categories of stamp duties to be paid by tenants across the country. The Director of...
Landlords and property agents in Nigeria now have the backing of the law to charge a 6% stamp duty on every agreement executed with clients for...
The Senate on Wednesday approved the sum of N168,809,476,220 to fund the proposed 2020 budget of the Federal Inland Revenue Services (FIRS). The approval covers the...
The penalty and interest waiver window on tax debts, owed by businesses and persons, earlier due on 30th June would now run out by 31st August,...
The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties in five months. The FIRS Director, Communications and Liaison Department,...
Business owners, who desire to register their businesses with the Corporate Affairs Commission (CAC) will henceforth not need to obtain a Tax Identification Number (TIN) from...
The Nigerian Communications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have signed a Memorandum of Understanding (MOU) aimed at ensuring that the tax agency...
The Board of the Federal Inland Revenue Service (FIRS) has approved the retirement of all directors that had served up to eight years in the organisation....
Nigeria’s principal revenue collection agency, the Federal Inland Revenue Service (FIRS) recorded a tax revenue performance of N338.1 billion in January this year, latest data on...
The Federal Inland Revenue Service (FIRS) said Saturday none of its staff tested positive for Coronavirus (COVID-19). The FIRS said in a statement signed by its...
Plans are afoot by the Office of the Auditor General of the Federation and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct...
The House of Representatives Committee on Public Account on Thursday queried the Executive Chairman of the Federal Inland Revenue Service (FIRS), Alhaji Mohammed Nami, over non-submission...
The Federal Government has unveiled its plan to expand the country’s tax to Gross Domestic Product (GDP) ratio to 17% from 6% come 2023. Muhammad Nami,...
Granting tax waivers to big companies indiscriminately do not only erode government’s revenue base, but also hinders the Federal Inland Revenue Service (FIRS) from meeting its...
Nigeria loses a staggering N3.635 trillion ($10 billion), translating to more than one third of its 2020 budget (estimated to be N10.59 trillion), every year in...
The Minister of Communications and Digital Economy, Dr. Isa Ibrahim Pantami, said on Thursday the Value Added Tax (VAT) does not fall under the ministry’s purview...
The Federal Inland Revenue Service (FIRS) has provided a 30-day opportunity for taxpayers in the country to obtain their 2020 Tax Clearance Certificates (TCC) between 2nd...
The Federal Inland Revenue Service (FIRS) recorded a revenue shortage coming to N8.5 trillion within a five-year period from 2015 (when the Buhari administration took over...
The Federal Inland Revenue Service (FIRS) has said it will soon begin a nationwide tax enforcement at the expiration of a seven-day grace to defaulters to...
A former deputy national publicity secretary of the All Progressives Congress (APC), Comrade Timi Frank has insisted, that Vice President Yemi Osinbajo received about N90 billion...
The Peoples Democratic Party (PDP) has advised the All Peoples Congress (APC) to reveal the truth about allegations that it channelled N40 billion taxpayers’ money from...
