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Tag "Federal Inland Revenue Service(FIRS)"

‘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 their states. Muhammad Magaji, Gombe commissioner of finance and economic

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6% tax rate, 25% revenue allocation to LGAs… highlights of Lagos VAT bill

    6% tax rate, 25% revenue allocation to LGAs… highlights of Lagos VAT bill

Earlier this week, a bill seeking to empower the Lagos state government to collect value-added tax (VAT) passed the first and second reading at the state house of assembly. The

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Wike directs Rivers revenue agency to enforce VAT law

    Wike directs Rivers revenue agency to enforce VAT law

Nyesom Wike, Rivers state governor, has directed the State’s Internal Revenue Service (RIRS) to fully implement and enforce the collection of value-added tax (VAT).  Wike gave the directive during a

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$2bn tax remittance: MTN Nigeria complying with payment plan, says Zainab Ahmed

    $2bn tax remittance: MTN Nigeria complying with payment plan, says Zainab Ahmed

Zainab Ahmed, minister of finance, budget and national planning, says MTN Nigeria has a payment plan with the Federal Inland Revenue Service (FIRS) to remit $2 billion tax demand. Ahmed

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Senate asks FIRS to recover N17bn ‘unpaid taxes’

  Senate asks FIRS to recover N17bn ‘unpaid taxes’

The senate has ordered the Federal Inland Revenue Service ( FIRS) to go after companies that failed to pay their

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‘We’re studying court judgment’ — CITN to take position on Rivers VAT ruling

  ‘We’re studying court judgment’ — CITN to take position on Rivers VAT ruling

The Chartered Institute of Taxation of Nigeria (CITN) says it is still studying a court judgement that invalidated the collection

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FIRS directs banks to deduct N1.8trn from accounts of Multichoice over ‘tax evasion’

  FIRS directs banks to deduct N1.8trn from accounts of Multichoice over ‘tax evasion’

The Federal Inland Revenue Service (FIRS) has appointed some commercial banks as agents to recover N1.8 trillion from accounts of

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ICYMI: Dangote Cement awarded N22.3bn tax credit for road construction

  ICYMI: Dangote Cement awarded N22.3bn tax credit for road construction

Dangote Cement Plc has received tax credit certificates valued at ₦22.32 billion for the construction of roads. The tax credit

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Senate approves N7.6trn revenue target for FIRS

  Senate approves N7.6trn revenue target for FIRS

The senate on Wednesday approved an upward review of the revenue target for the Federal Inland Revenue Service (FIRS) from

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FIRS calls for adoption of technology in tax processes to block revenue leakages

  FIRS calls for adoption of technology in tax processes to block revenue leakages

Mohammed Nami, executive chairman of the Federal Inland Revenue Service (FIRS), says the adoption of technology is needed to improve

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