The Federal Government on Thursday said it would prosecute Nigerian citizens who fail to pay tax on their properties in foreign countries. The Attorney-General of the...
The new Chairman of Imo Internal Revenue Service (IIRS), Mr Remigus Okoye, has noted that there will be no place for tax defaulters in the state...
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,...
Bus service company, ABC Transport Plc, has posted a total comprehensive income of N211.411 million at Q4 2019, compared to a total loss of N147.077 million...
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...
Owing to perceived implications of the proposed Finance Bill on the economy, the Organised Private Sector (OPS) is prodding President Muhammadu Buhari to decline his approval...
The House of Representatives has launched investigation into unclaimed share dividends in the capital market valued at over N126.03bn. This was sequel to the adoption of...
MTN Nigeria is not out of troubled water yet as a Federal High Court in Lagos has picked January 30, 2020 and January 31, 2020 for...
The recently proposed Communication Service Tax Act (CTA) by the Senate may have given the Nigeria Government another viable source of revenue but creates huge burden...
A bill seeking to impose a nine percent tax on Nigerians for using communication and cable television services in the country on Wednesday passed the first...
A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, on Tuesday, told the Federal Inland Revenue Service (FIRS) to preceded on...
News around the office of Vice President Yemi Osinbajo appear not to be abating with recent claims by opposition politician, Timi Frank, alleging that the nation’s...
The founder of Sufficient Grace and Truth Ministry, Okinni, Osun State, Bishop Seun Adeoye, on Wednesday accused the Osun State Government of planning to impose taxes...
The Federal Inland Revenue Service (FIRS), on Thursday said it had given tax defaulters a 30-day window to regularise their tax status. It added that failure...
A total of N311.94 billion has been generated by the Federal between April and June 2019 through the Value Added Tax (VAT), statistics from the National...
The golden fish syndrome Fowler vs Buhari –tax remittance query GIG Motors vs FIRS –case study Tips to refute wrong allegations Following the recent crossfire between President Muhammadu Buhari (PMB) and the Chairman of the...
The Buhari Media Organisation (BMO) on Thursday hit former President Olusegun Obasanjo by telling him that it wasn’t just okay to write letters to President Muhammadu...
The Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has replied the query issued him by the Chief of Staff to the President, Abba...
Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has said that the service is determined to recover all revenue accruable to the Federal...
The Federal Government, in its continued clampdown on tax defaulters to shore up its revenue, has demanded a number of foreign oil companies operating in the...
The International Monetary Fund (IMF) has called on the federal government to urgently review its tax policies to block leakages and diversify its revenue base. IMF...
Against the backdrop of threat by the Federal Inland Revenue Service (FIRS) to sell the property of tax evaders in the country, the agency has been...
A Presidential aspirant of the Abundant Nigeria Renewal Party (ANRP) in the 2019 general elections, Tope Fasua, says he would raise Nigeria’s budget to N20 trillion...
The World Bank said it is making plans to increase its funding to Nigeria by $4.5 billion over the next three years. The Vice President of...
The Federal Executive Council (FEC) has approved two Executive Orders and five tax policy Amendment Bills as it aims at reducing tax burden on Nigerians and...
The Federal Government says it has recovered about N30 billion from the Voluntary Assets and Income Declaration Scheme (VAIDS). The amount was realised from individuals and...
Worried by the effects of the Federal Government’s proposed upward review of the taxes paid on locally produced alcoholic drinks and tobacco products, a coalition of...
Nigerians who own property in the United Kingdom (UK) at the weekend jostled to regularise their tax records in Nigeria to save the forfeiture of their...
The Economic and Financial Crimes Commission (EFCC) has recovered over N27.7billion from six banks being unremitted withholding tax on dividends. Also, about seven more banks were...
President Muhammadu Buhari on Thursday formally ratified a number of bilateral agreements covering the anti corruption fight and tax matters. Four of the agreements were with...
…Says State has not increased tax in 10 years Lagos State Governor, Mr Akinwunmi Ambode has identified the need for residents to adopt a willful approach...
Nigerian entertainers who fail to remit or evade tax are now liable to be punished, and will face jail terms according to the gravity of their...
“Only about 14 million active tax payers (20 per cent) of an estimated 70 million economically active corporate bodies and individuals pay tax annually in Nigeria....
A bill, currently before the Senate, has recommended a levy of N5 chargeable per litre on any volume of petrol and diesel products imported into Nigeria...
Miffed by the attitude of some banks in the state, which have refused to remit funds collected from customers in form of taxes, the Enugu State...
Tax defaulters in Oyo State Internal Revenue Service (OYIRS) has vowed to prosecute tax evaders and offenders, from Wednesday, August 17. Its Special Adviser, Biyi Oloko...
Barcelona striker Lionel Messi and his father Jorge will appeal against the 21-month prison sentences for tax fraud imposed on them by a Catalan court. Messi’s...
Nigeria losses an average of $250 billion annually through tax evasion/ underpayment by International Oil Companies and other multinationals, the Chairman of the Federal Inland Revenue...
Spanish tax authorities on Monday said they are investigating allegations of tax irregularities involving soccer player, Lionel Messi, after documents released by an international probe of...
By Ali Smart The Federal Government on Thursday mandated the Federal Inland Revenue Services (FIRS) to audit the financial activities of the Nigerian National Petroleum Corporation...
The federal government may soon move to tax religious bodies, especially churches and mosques over their ownership of profit oriented commercial ventures. This is even as...
