Home / Tag Archives: Federal Inland Revenue Service (FIRS) (page 2)

Tag Archives: Federal Inland Revenue Service (FIRS)

If MDAs owe N115bn in tax, Adeosun must start campaign in-house—Nigerians

Adeosun Buhari

If the recent revelation that Ministries, Departments and Agencies (MDAs) of the federal and state governments owe over N115bn in tax liabilities by the Revenue Mobilisation Allocation and Fiscal Commission ...

Read More »

Sealing up tax defaulters premises now a continuous drive nationwide—FIRS

FIRS

The management of the Federal Inland Revenue Service (FIRS) has said that its ongoing crackdown on tax-defaulting companies in Abuja, Lagos and other parts of the country has become a ...

Read More »

Airlines give conditions for seamless remittance of VAT, others

AON logo

The joint team of delegation from Airline Operators of Nigeria (AON) and the International Air Transport Association (IATA) who paid the Chairman of Federal Inland Revenue Service (FIRS), Mr. Babatunde ...

Read More »

FIRS causing service providers to pay double VAT by hoarding receipts

FIRS

Whereas the federal government through the Federal Inland Revenue Service (FIRS) is working to raise tax compliance in the country, indication has emerged showing high incidence of double payment of ...

Read More »

FIRS plans tax remittance soft landing for airlines to remain afloat

AON logo

As part of new moves to save the ailing aviation sector from suffocations caused by tax related challenges, the Federal Inland Revenue Service (FIRS) has proposed a flexible tax payment ...

Read More »

Osinbajo signs another Order on tax evasion, offers 9 months grace period to evaders

Vice president, Prof Yemi

The federal government on Thursday, gave more bite to its ongoing crusade to deepen tax compliance and inclusion of more citizens both corporate and individuals into the shallow tax basket. ...

Read More »

FIRS: Comparative analysis shows ups, downs in different taxes in Q1 2016, ‘17

FIRS

Just as the Federal Inland Revenue Service (FIRS), has disclosed that it generated N778.19 billion revenue in the first quarter (Q1) of 2017, deeper review of the earnings indicates no ...

Read More »

FG sending conflicting signals on tax as agencies evade in states

FIRS

Whereas the federal government has stepped up campaigns for Nigerians to pay taxes as and when due, there seems to be no corresponding compliance in paying taxes by several agencies ...

Read More »

Stop using property value for assessment of Company tax, LCCI tells FG

Muda Yusuf, LCCI boss

The leadership of the Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Inland Revenue Service (FIRS) to upgrade itself and begin to use technology and reliable ...

Read More »

FIRS generates N3.30trn revenue, explains why 2016 budget was in reds

FIRS

The Federal Inland Revenue Service (FIRS) has not only revealed that it collected N3.30 trillion revenue from taxes in 2016, but opened up on why the year’s budget was enmeshed ...

Read More »