Africa’s $60bn losses in illicit capital flows due to multinationals’ tax avoidance, says AfDB Adesina
By Charles Abuede Says 86 of Nigeria’s SMEs spend a whopping $14bn annually on diesel for generators Nigerian companies lose an
Tenants, lessees to pay 6% stamp duty charge on landed properties
Beneficiaries bears tax burden Charles Abuede The Federal Inland Revenue Service (FIRS) has ordered all property owners and agents to
Tax debtors/defaulters have till August 31 to pay to avoid penalty-FIRS
The Federal Inland Revenue Service has given tax debtors/defaulters till August 31, 2020 to pay up before the hammer of the Federal
23,141 tax defaulters owe N254bn – FIRS
The Federal Inland Revenue Service says a total of 23,141 defaulters owe N254bn in tax liabilities. The service also said it recovered
Nigeria earned N35trn from tax in eight years — FIRS
Within an eight-year period covering 2011 and 2018, the country earned a total of N35.56 trillion as tax revenue, statistics obtained
CITN lauds FIRS’ strategies towards improving Nigeria’s revenue generation
The Chartered Institute of Taxation of Nigeria has lauded achievements of the Federal Inland Revenue Service (FIRS) towards improving
FG generates N311.94bn from VAT in Q2, 2019 —NBS
The federal government has generated N311.94 billion from value added tax in the second quarter of 2019, the National Bureau of
FIRS charges VAT on online transactions January 2020 —Fowler
Executive Chairman, Federal Inland Revenue Service, Babatunde Fowler The Federal Inland Revenue Service (FIRS) has said that it would
Obasanjo Farms, Omisore, Davido, other 19,901 accounts ‘owing’ taxes says FIRS
Accounts belonging to Obasanjo Farms and Iyiola Omisore are some of the accounts that have been placed under lien for owing taxes. In