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Tag "federal inland revenue service (FIRS)"

Buhari: Customs, DPR will be punished for not meeting revenue targets

    Buhari: Customs, DPR will be punished for not meeting revenue targets

President Muhammadu Buhari says revenue generating agencies of the government will face severe consequences for not achieving agreed targets. The president made this known on Tuesday during his Independence Day

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Fowler: Grants and loans are NOT reliable revenue sources — taxes are

    Fowler: Grants and loans are NOT reliable revenue sources — taxes are

Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says taxation is the country’s lifeline for economic development. Fowler made this known on Tuesday night in Abuja at the

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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

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MTN drags FIRS to tribunal over taxation of N330bn fine

    MTN drags FIRS to tribunal over taxation of N330bn fine

MTN Nigeria says there is a technical disagreement between it and the Federal Inland Revenue Service (FIRS), on how the 2015 fine should be treated for tax purposes. Onome Okwah,

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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.

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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

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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

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April allocation dips by N20bn as FAAC resolves NNPC dispute

  April allocation dips by N20bn as FAAC resolves NNPC dispute

The April allocation made available to the three tiers of government by the federation accounts allocation committee (FAAC) was N20

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VAIDS: FIRS sets EFCC on trail of tax defaulters, recovers N28bn

  VAIDS: FIRS sets EFCC on trail of tax defaulters, recovers N28bn

The Federal Inland Revenue Service (FIRS) says it has partnered with the Economic and Financial Crimes Commission (EFCC) to go

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Fowler warns: Do the right thing, VAIDS deadline will not be extended

  Fowler warns: Do the right thing, VAIDS deadline will not be extended

Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says the announced deadline for the Voluntary Assets and Income

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