FIRS’s revenue collection in states rises by 46.99%
Data released by the Federal Internal Revenue Service (FIRS) on Thursday has revealed that its revenue generation from the
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TAXATION
Nigeria’s Company Income Tax amongst highest the world over – Oyedele
Nigeria has one of the highest company income tax rates globally which is a disincentive for business growth, Tax leader,
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VAT: Experts advocate efficiency, transparency in tax collection
Some economists and trade experts have advised the Federal Government to ensure efficiency, transparency and probity in the collection
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CBN backs FG’s plan to increase VAT, says Nigeria has lowest
Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says the plan to increase Value Added Tax
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FIRS says taxation remains the country’s lifeline for development
Dr Babatunde Fowler, Chairman Federal Inland Revenue Service (FIRS), says taxation remains the country’s lifeline for economic development. Fowler
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VAT increase ‘ll deepen poverty, widen inequality, CSOs caution FG
A group of civil society organisations (CSOs) have urged the Federal Government not to follow through with the plan
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VAT increased to 7.5%, not 7.2% – Minister
The proposed increase of the Value-Added Tax (VAT) rate from 5 to 7.5 per cent by the Federal Government is
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Why 7.2% VAT is necessary, by FG
The Federal Government has defended its decision to increase Value Added Tax (VAT) from 5 to 7.2 percent.
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7.2% VAT will further decrease Nigerians’ purchasing power, say financial experts
Some financial experts on Thursday said that Value Added Tax (VAT) increment by the Federal Government would further decreases
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FIRS provides more than half of Nigeria’s revenue – RMAFC
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) says the Federal Inland Revenue Service (FIRS) contributed 59.7 per cent
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