Monday, August 2, 2021
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Tag "Tax defaulters"

FIRS: Tax defaulters to pay 50% of disputed amount into court account before hearing

    FIRS: Tax defaulters to pay 50% of disputed amount into court account before hearing

The Federal Inland Revenue Service (FIRS) says tax defaulters instituting legal cases against the agency will pay 50 percent of the assessed amount in dispute into an interest-yielding account of

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FIRS threatens deduction of taxes from defaulters’ bank accounts

    FIRS threatens deduction of taxes from defaulters’ bank accounts

The Federal Inland Revenue Service (FIRS) has threatened to commence deduction of taxes directly from the bank accounts of defaulters. The agency issued the warning in a statement signed by

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Tax default: FIRS extends ‘account freeze’, plans to recover N750bn by June

    Tax default: FIRS extends ‘account freeze’, plans to recover N750bn by June

Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), says the service plans to recover N750 billion from 55,000 defaulting taxpayers by extending its account substitution policy. Fowler

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FIRS generates N23bn by ‘freezing’ accounts of 3,000 tax defaulters

    FIRS generates N23bn by ‘freezing’ accounts of 3,000 tax defaulters

The Federal Inland Revenue Service (FIRS) says it generated over N23 billion in unpaid taxes from the recently suspended restriction on the corporate bank accounts of tax defaulters. Babatunde Fowler,

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IN DETAIL: Nigerians now to pay tax on foreign income and assets — or face the law

  IN DETAIL: Nigerians now to pay tax on foreign income and assets — or face the law

President Muhammadu Buhari on Wednesday signed an executive order directing Nigerian taxpayers to voluntarily declare and pay tax on their

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FIRS: We’re going after bank accounts of billionaire tax defaulters

  FIRS: We’re going after bank accounts of billionaire tax defaulters

Tunde Fowler, chairman of Federal Inland Revenue Service (FIRS), says the service will soon go after the bank accounts of

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