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Tag "Federal Inland Revenue Service(FIRS)"

‘N11bn is for administrative expenses’ — FIRS speaks on agency’s 2022 budget proposal

    ‘N11bn is for administrative expenses’ — FIRS speaks on agency’s 2022 budget proposal

The Federal Inland Revenue Service (FIRS) says it did not earmark N17.8 billion for miscellaneous expenses in the 2022 budget proposal. The Punch had reported that FIRS earmarked about N550m

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FIRS: Stamp duty, capital gains tax NOT adequately collected

    FIRS: Stamp duty, capital gains tax NOT adequately collected

The Federal Inland Revenue Service (FIRS) says stamp duty and capital gains tax are not collected adequately. Muhammad Nami, FIRS executive chairman, said this at the opening ceremony of the

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Nami: FIRS generated N4.2 trillion in first nine months of 2021

    Nami: FIRS generated N4.2 trillion in first nine months of 2021

Muhammad Nami, executive chairman of the Federal Inland Revenue Services (FIRS), says the agency generated revenues worth N4.2 trillion in the first nine months of this year. The senate had

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Appeal court admits Lagos as respondent in VAT collection suit

    Appeal court admits Lagos as respondent in VAT collection suit

The court of appeal, Abuja division, has granted the application of the Lagos state government as a co-respondent in the appeal filed by the Federal Inland Revenue Service (FIRS). The FIRS

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Sanwo-Olu: Lagos will do more for residents if allowed to collect VAT

  Sanwo-Olu: Lagos will do more for residents if allowed to collect VAT

Babajide Sanwo-Olu, governor of Lagos, says the state will do more for residents if allowed to collect value-added tax (VAT).

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FIRS: Our digital tax platform has increased efficiency, collection rates

  FIRS: Our digital tax platform has increased efficiency, collection rates

The Federal Inland Revenue Service (FIRS) says that its digital technology solution, TaxPro-Max, has increased efficiency in tax administration and

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We are legally entitled to collect VAT, Lagos tells court

  We are legally entitled to collect VAT, Lagos tells court

The court of appeal in Abuja has reserved ruling in the application filed by the Lagos state government to join

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Umahi opposes VAT collection by states, backs FIRS

  Umahi opposes VAT collection by states, backs FIRS

David Umahi, governor of Ebonyi, says the state is not in support of Lagos, Rivers, and other states in their bid

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Ekweremadu to n’assembly: Allow VAT legal battle run full course… it’ll strengthen federalism

  Ekweremadu to n’assembly: Allow VAT legal battle run full course… it’ll strengthen federalism

Ike Ekweremadu, former deputy president of the senate, has advised the national assembly not to embark on any legislation over

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‘Be your brothers’ keepers’ — Gombe asks Lagos, Rivers to allow FIRS collect VAT

  ‘Be your brothers’ keepers’ — Gombe asks Lagos, Rivers to allow FIRS collect VAT

Gombe state government has called on Lagos and Rivers governments to reconsider their resolution on collecting value-added tax (VAT) in

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