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Zainab Ahmed: No changes to VAT, stamp duty regime in 2021 finance bill

    Zainab Ahmed: No changes to VAT, stamp duty regime in 2021 finance bill

The federal government says there is no adjustment to the value-added tax (VAT) and stamp duty regime in the 2021 finance bill. The federal executive council (FEC) presided over by

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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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Malami writes governors, says no recoveries made on stamp duty since 2016

    Malami writes governors, says no recoveries made on stamp duty since 2016

Abubakar Malami, attorney-general of the federation (AGF) says the federal government is yet to recover stamp duty funds made from January 15, 2016, to June 30, 2020. Last week, the

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FIRS: We’re still in charge of stamp duty collection

    FIRS: We’re still in charge of stamp duty collection

The Federal Inland Revenue Service (FIRS) has countered reports that the Nigeria Postal Service (NIPOST) has been licensed for collection of stamp duty charges. According to the 2019 finance act,

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Court declares stamp duty charges on bank deposits, transfers illegal

  Court declares stamp duty charges on bank deposits, transfers illegal

A federal high court in Asaba has declared the deduction of stamp duty charges by Nigerian banks as illegal. Nnamdi

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FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

  FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

The Federal Inland Revenue Service (FIRS) says landlords do not have any reason to increase rents or lease agreements because

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One-year rent agreements to carry 0.78% stamp duty, FIRS clarifies

  One-year rent agreements to carry 0.78% stamp duty, FIRS clarifies

The Federal Inland Revenue Service (FIRS) says the six percent stamp duty charge on tenancy previously announced will only apply

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Stamp duty: More money, more money

  Stamp duty: More money, more money

On Friday, President Muhammadu Buhari discharged the ritual of signing the revised budget into law. That, we know, is the

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FIRS introduces stamp duty for rent agreements, C of O

  FIRS introduces stamp duty for rent agreements, C of O

The Federal Inland Revenue Service (FIRS) says stamp duty will now be paid on house rent and certificate of occupancy

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SGF: Stamp duty collection can generate N1trn revenue annually

  SGF: Stamp duty collection can generate N1trn revenue annually

Boss Mustapha, secretary to the government of the federation (SGF), says there is potential for high revenue accretion from stamp

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