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Tag "FIRS"

FIRS: Nigeria now has 41 million taxpayers — but revenue generation still low

    FIRS: Nigeria now has 41 million taxpayers — but revenue generation still low

The Federal Inland Revenue Service (FIRS) says Nigeria now has 41 million taxpayers. Muhammad Nami, FIRS chairman, disclosed this on Friday, at the public presentation and breakdown of the 2022

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Malami: States have no valid claim on VAT collection… it’s on exclusive legislative list

    Malami: States have no valid claim on VAT collection… it’s on exclusive legislative list

Abubakar Malami, attorney-general of the federation, says no state has the power to lay claim to the collection of value-added tax (VAT) in the country. Malami said this on Friday,

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Buhari has ordered FIRS to tax digital transactions, says SGF

    Buhari has ordered FIRS to tax digital transactions, says SGF

President Muhammadu Buhari has ordered the deployment of technology to tax digital transactions carried out across the country. Boss Mustapha, the secretary to the government of the federation (SGF), said

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VAT collection: FIRS’ move to amend constitution dead on arrival, says Akeredolu

    VAT collection: FIRS’ move to amend constitution dead on arrival, says Akeredolu

Rotimi Akeredolu, governor of Ondo state, says the move by the Federal Inland Revenue Service (FIRS) to amend the constitution by including value-added tax (VAT) in the exclusive list will fail. Speaking

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Fiscally speaking: The VAT question and a few answers

  Fiscally speaking: The VAT question and a few answers

BY MOHAMMAD T. ABIODUN The buzz of VAT and its administration has captured the headlines of most blogs and newspapers

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Rivers takes FIRS to supreme court over VAT collection

  Rivers takes FIRS to supreme court over VAT collection

The Rivers state government has asked the supreme court to set aside an order of the court of appeal which

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VAT controversy: Need to avoid fiscal anarchy

  VAT controversy: Need to avoid fiscal anarchy

Background: The Federal High Court, Port Harcourt Division, recently delivered a judgement in the case between the Attorney General for Rivers

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MAN IN THE NEWS: Stephen Pam, Buhari appointee who ruled in favour of Wike on VAT debate

  MAN IN THE NEWS: Stephen Pam, Buhari appointee who ruled in favour of Wike on VAT debate

In November 2015, President Muhammadu Buhari approved the appointment of 30 new judges for the Federal High Court on the

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Ortom: I support Wike, Sanwo-Olu on VAT collection — but we’ll obey court judgement

  Ortom: I support Wike, Sanwo-Olu on VAT collection — but we’ll obey court judgement

Samuel Ortom, Benue state governor, has backed his counterparts in Lagos and Rivers in their bid to make the collection

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FIRS: States collecting VAT will lead to double taxation for businesses

  FIRS: States collecting VAT will lead to double taxation for businesses

The Federal Inland Revenue Service (FIRS) says the central collection of value-added tax (VAT) had prevented businesses from double taxation

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