Despite COVID-19 pandemic, FIRS generated N338.94bn VAT in Q1– NBS
Despite the destruction to major economic activities in the quarter, the National Bureau of Statistics (NBS) says N338.94 billion
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TAXATION
COVID-19: FCT-IRS extends submission of tax returns to June
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has extended the deadline for submission of 2019 individual Filing of Income
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FIRS collects N1.123trn revenue in first quarter
The Federal Inland Revenue Service (FIRS) says it has collected N1.123 trillion revenue in the First Quarter (Q1) of 2020.
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FIRS boss cautions against ICT inventions undermining tax collection
The Chairman of Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has cautioned tax administrators against the disruptive tendencies that
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FCT IRS registers 1.2m taxpayers
The Federal Capital Territory Internal Revenue Service (FCTIRS) says it has captured 1.2 million taxpayers in its data base.
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Experts urge FG to address multiplicity of taxes
Tax experts on Thursday frowned at multiplicity in the taxation system of Nigeria, describing it as a disincentive to
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FIRS targets N4tr tax from oil, gas companies
The Federal Inland Revenue Service (FIRS) expects to rake in N4 trillion as tax revenue from the extractive sector of
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Nigeria’s 2020 Finance Act ‘ll end tax multiplicity- FIRS Coordinator
Mr Isola Akingbade, Coordinator, Federal Inland Revenue Service (FIRS) in Ondo, Ekiti and Kwara, says the 2020 Finance Act will
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Tax Tribunal orders Ecobank to pay N1.6bn to FIRS
The Tax Appeal Tribunal, Lagos Zone has declared as illegal, null and void the decision of Ecobank Nigeria Limited
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Multinational companies evade paying tax says FIRS
The Federal Inland Revenue Service (FIRS) has disclosed that some multinational companies operating in Lagos state have not paid
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