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Tag "income tax"

FIRS resumes collection of income tax on bonds, short-term securities

    FIRS resumes collection of income tax on bonds, short-term securities

The Federal Inland Revenue Service (FIRS) says it will start collecting taxes on income derived by companies from bonds and short-term securities. A bond is a fixed-income instrument (loan) made

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Diri: It’s unfair for IOCs to extract oil in Bayelsa but workers pay income tax in Lagos

    Diri: It’s unfair for IOCs to extract oil in Bayelsa but workers pay income tax in Lagos

Douye Diri, governor of Bayelsa state, says it is “unfair” that international oil companies (IOCs) extract oil in the state but their employees pay income tax to states where they

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Report: Jeff Bezos, Elon Musk, Warren Buffett pay little or no income tax 

    Report: Jeff Bezos, Elon Musk, Warren Buffett pay little or no income tax 

Several of the world’s richest people pay just little or even nothing in federal income taxes, according to an investigation conducted by ProPublica. ProPublica, a non-profit investigative journalism organisation, reports

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FIRS: Companies seeking to pay CIT in instalments must apply before due date

    FIRS: Companies seeking to pay CIT in instalments must apply before due date

The Federal Inland Revenue Service (FIRS) says any company that wishes to pay income taxes in instalments must apply in writing before the due date of filing. According to a

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Ebonyi suspends income tax, traders’ permit

  Ebonyi suspends income tax, traders’ permit

David Umahi, governor of Ebonyi, has suspended the collection of consolidated revenue, income tax and property rates in the state

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