Alcohol manufacturers reject 500% excise duty hike
The Distillers and Blenders Association of Nigeria (DIBAN) says it rejects the new ”astronomical increase” in excise duty being imposed on domestic wines and...
Buhari extends VAIDS deadline to June 30
President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS) to June 30.
The approval for the extension of...
FG received N3.532trn as taxes, royalties between 2015 to 2017 – CBN
Data from the Central Bank of Nigeria (CBN) has revealed that the Federal Government received N3.532 trillion as Petroleum Profits Tax and Royalties from...
FIRS records four million new taxpayers, N700bn revenue increase in 2017 – Fowler
The Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler, said the Service recorded four million new taxpayers, including companies and individuals, resulting in N700...
Tax underpayment: FG reviews data of 130,000 high networth persons, companies – Adeosun
…Mines data from Federal & State Agencies, Foreign Countries through Project Lighthouse
The data mining efforts of the Federal Government through the Federal Ministry of...
Regular tax payment is fundamental to Nigeria’s growth – Adeosun
…Predictable revenue will lead to more investment in infrastructure, job creation
…56m economically active Nigerians not tax compliant
The Honourable Minister of Finance, Mrs. Kemi Adeosun,...
FG collating foreign bank accounts, assets of Nigerians – Says Adeosun
The Federal Government has commenced Automatic Exchange of Tax Information (AETI), on overseas assets held by Nigerians.
The Minister of Finance, Mrs. Kemi Adeosun, disclosed...
FIRS nets N4.03tr in 2017, N720bn more than 2016 figure
The Federal Inland Revenue Service ( FIRS ) said it collected a total of N4.03 trillion in 2017, representing 82.38 per cent of government...
VAIDS: FIRS to offer free consultancy services to declarers-Fowler
The Federal Inland Revenue Service (FIRS) will offer free advisory services to taxpayers, who are ready to comply with the Voluntary Assets and Income...
Omoigui-Okauru says consultants inhibit tax agencies
Former Chairman of the Federal Inland Revenue Service (FIRS),Mrs Ifueko Omoigui-Okauru, said she did not engage consultancy service during her tenure...
