Wednesday, November 25, 2020
MARKET UPDATE
Advertisement

TheCable

Advertisement

Tag "Babatunde Fowler"

FIRS: VAT, withholding tax must be remitted on the 21st of every month

    FIRS: VAT, withholding tax must be remitted on the 21st of every month

The Federal Inland Revenue Service (FIRS) says all companies must remit value-added tax and withholding tax by the 21st day of every month. According to a statement signed by Babatunde

0 comment Read Full Article

FIRS generates N1.5tn in three months, beats 2018 record

    FIRS generates N1.5tn in three months, beats 2018 record

The Federal Inland Revenue Service (FIRS) says it  generated N1.5 trillion as revenue in the first quarter (Q1) of 2019. Babatunde Fowler, FIRS chairman disclosed this to NAN on the

0 comment Read Full Article

Putting square pegs in square holes

    Putting square pegs in square holes

BY KEEM ABDUL Sometime in 2017, the United Nations through its Economic and Social Council sought for taxation experts from across the world to sit on its committee to proffer

0 comment Read Full Article

Tax default: FIRS extends ‘account freeze’, plans to recover N750bn by June

    Tax default: FIRS extends ‘account freeze’, plans to recover N750bn by June

Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), says the service plans to recover N750 billion from 55,000 defaulting taxpayers by extending its account substitution policy. Fowler

0 comment Read Full Article

Sowore’s movement rejects plan to increase VAT

  Sowore’s movement rejects plan to increase VAT

Take It Back movement,the group which coordinated the presidential campaign of Omoyele Sowore, publisher of SaharaReporters, says plans by the

0 comment Read Full Article

FIRS: No plan to increase VAT to 50 percent

  FIRS: No plan to increase VAT to 50 percent

The Federal Inland Revenue Service (FIRS) says it has no plans to increase the rate of value added tax (VAT)

0 comment Read Full Article

FIRS generates N23bn by ‘freezing’ accounts of 3,000 tax defaulters

  FIRS generates N23bn by ‘freezing’ accounts of 3,000 tax defaulters

The Federal Inland Revenue Service (FIRS) says it generated over N23 billion in unpaid taxes from the recently suspended restriction

0 comment Read Full Article

FIRS: 6,772 corporate bank accounts to be frozen for tax default

  FIRS: 6,772 corporate bank accounts to be frozen for tax default

Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), says 6,772 corporate bank accounts will be frozen for

0 comment Read Full Article

Fowler: Multiple taxation does not exist in Nigeria

  Fowler: Multiple taxation does not exist in Nigeria

Babatunde Fowler, chairman of the Federal Inland Revenue Services (FIRS), says multiple taxation does not exist in Nigeria. Speaking on

0 comment Read Full Article

FIRS: Multiple taxation of small businesses will soon be resolved

  FIRS: Multiple taxation of small businesses will soon be resolved

The Federal Inland Revenue Service (FIRS) says incidences of multiple taxation will soon end because it has started harmonising taxes

0 comment Read Full Article