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federal inland revenue service

  1. Nigeria Business News

    Business Ten Companies Have Applied For 50 Per cent Tax Cuts To Build Infrastructures, Fowler Reveals – Sahara Reporters

    Executive Chairman of the Federal Inland Revenue Service, Tunde Fowler, told Reuters on Wednesday that over 10 indigenous firms have applied to have their taxes halfed in order to help the country bridge its infrastructure deficit. Fowler said this would initially cause cuts in revenue...
  2. Nigeria Business News

    Business VAT: FG realised N39.3bn from banking services in 2 years – Newtelegraph

    The Federal Government earned N39.3 billion as Value Added Tax (VAT) from banking services in the last two years, New Telegraph has learnt. Sectoral Distribution of VAT data released by the National Bureau of Statistics (NBS) indicated that this amount was … Read more via Newtelegraph –...
  3. Nigeria Business News

    Business FIRS Eyes N1.3tn Quarterly from VAT on Online Transactions – Thisdaylive

    The Federal Inland Revenue Service (FIRS) may generate as much as N1.3 trillion in a quarter from Value Added Tax (VAT) on all online transactions, based on the projection of the levy being kept at the present five per cent base. … Read more via Thisdaylive – https://ift.tt/325P8VE Get more...
  4. Nigeria Metro News

    Metro EFCC resumes investigation of FIRS officials over more than N1.2 billion fraud – Nairametrics

    The Economic and Financial Crimes Commission (EFCC) has resumed investigations on the members of staff of the Federal Inland Revenue Service over N1.2 billion Duty Tour Allowance (DTA) fraud. The EFCC on Friday began a forensic analysis of the bank accounts of the FIRS staff … Read more via...
  5. Nigeria Business News

    Business EFCC resumes investigation of FIRS officials over more than N1.2b fraud. – Nairametrics

    The Economic and Financial Crimes Commission (EFCC) has resumed investigations on the members of staff of the Federal Inland Revenue Service over N1.2 billion Duty Tour Allowance (DTA) fraud. The EFCC on Friday began a forensic analysis of the bank accounts of the FIRS staff … Read more via...
  6. Nigeria Business News

    Business Planned VAT increase stirs concern – Newtelegraph

    Expectedly, last week’s announcement by the Minister of Finance, Mrs. Zainab Ahmed, that the Federal Government was mulling an increase in Value Added Tax (VAT), as part of an initiative to generate more revenues to finance national development, has sparked concern among stakeholders, writes...
  7. Nigeria Metro News

    Metro Incredible! FIRS Sets 8 Trillion Naira Revenue Target In 2019 – Naijaloaded

    The Federal Inland Revenue Service has given itself a target to generate N8tn revenue in 2019. As such, it called on all taxpayers and other stakeholders to support the drive to make the target achievable. The Chairman, FIRS, Mr Tunde Fowler, … Read more via Naijaloaded | Nigeria’s Most...
  8. Nigeria Political News

    Politics Group Accuses Atiku Of Tax Evasion, Asks FIRS To Release His Record – Nairaland

    The Committee for the Protection of Peoples Mandate (CPPM), an activist group, has demanded that the Federal Inland Revenue Service (FIRS) produce tax receipts belonging to Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP). In a letter sent to the FIRS dated November...
  9. Nigeria Business News

    Business ATAF re-elects Tunde Fowler as African tax chief – TODAY.NG

    The Executive Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler, has been re-elected as Council Chairman of the African Tax Administration Forum (ATAF) for a fresh two-year term.... Read more via TODAY.NG – https://ift.tt/2qccmc3 Get more: Nigeria Business News
  10. Samguine

    Metro Billionaire Tax Debtors pay N13b to Federal Inland Revenue Service – PM NEWS Nigeria

    Less than a month after it commenced its substitution of accounts of recalcitrant billionaire taxpayers, the Federal Inland Revenue Service (FIRS) has collected N12.66 in tax revenue. The Executive Chairman, FIRS, Tunde Fowler, disclosed this at the weekend when he received the new … Read...
  11. siteadmin

    Politics “PHOTOS: Minister Zainab Ahmed @ZShamsuna today, made her maiden visit to the Federal Inland Revenue Service - Twitter

    Minister Zainab Ahmed @ZShamsuna today, made her maiden visit to the Federal Inland Revenue Service @firsNigeria . This underscores the importance of the agency, as the administration intensifies efforts to diversify from oil and gas revenues.... Get More Nigeria Political News
  12. curator

    Business NLNG Remits $6.5billion As Tax To FIRS – NaijaBizCom.Com

    The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah, Managing Director of NLNG, said at the investigative hearing into the proposed … Read more via NaijaBizCom.Com – https://ift.tt/2LEQYV6...
  13. curator

    Politics Anxiety as FIRS moves to ‘manage’ defaulting taxpayers’ bank accounts – BusinessDay

    In what shows that Nigeria’s tax landscape is changing, if not rapidly, the Federal Inland Revenue Service (FIRS) has directed banks to freeze the accounts of defaulting taxpayers to prevent them from drawing funds, and lately the FIRS appointed agent banks for collection of … Read more via...
  14. curator

    Business KPMG Seeks Extension Of FIRS Reconciliatory Window – Leadership Newspaper

    Partner and Head of Tax, Regulatory and People Service (TRPS) Practice at KPMG, Wole Obayomi, has raised concerns over the time frame given taxpayers by the Federal Inland Revenue Service (FIRS) for withholding tax reconciliation. The FIRS in its continued drive for the digitization of tax...
  15. curator

    Business Firs shuts down Tinapa over alleged tax evasion – Vanguard News

    The Federal Inland Revenue Service, FIRS, has shut Tinapa business /leisure resort as well as Marina Resort both in the heart of Calabar, Cross River State, over alleged non-payment of tax by both organisations.... Read more via Vanguard News – https://ift.tt/2MNGX9f Get more: Nigeria...
  16. curator

    Business FIRS seals off TCN over tax default – Vanguard News

    Federal Inland Revenue Services, FIRS, has sealed off of the corporate headquarters of Transmission Company of Nigeria, TCN, over unremitted taxes.. Read more via Vanguard News – https://ift.tt/2vLxzNb Get more: Nigeria Business News
  17. curator

    Business FIRS agrees to refund $2m, other tax overpayments in Arco, GE saga – NaijaBizCom.Com

    The Federal Inland Revenue Service (FIRS), has said it will refund the N360million and $2million excess withholding tax (WHT) deducted from Arco Petrochemicals Engineering Company Limited, through its business dealings with General Electric (GE) International Operations Nigeria Limited. This...
  18. curator

    Business FIRS agrees to refund $2m, other tax overpayments in Arco, GE saga – The Guardian Nigeria Newspaper

    The Federal Inland Revenue Service (FIRS), has said it will refund the N360million and $2million excess withholding tax (WHT) deducted from Arco Petrochemicals Engineering Company Limited, through its business dealings with General Electric (GE) International Operations Nigeria Limited. This...
  19. E

    #BBNaija: FIRS hosts Cee C and her dad (photos) – Nigeria News | Laila’s Blog

    Big Brother Naija 2018 first runner-up, Cee C was today hosted by the Federal Inland Revenue Service (FIRS). Cee C and her dad were at the FIRS headquarters in Abuja where FIRS chairman, Babatunde Fowler received them. Gushing about the visit, Cee C wrote ion Instagram: … via Nigeria News...
  20. RemmyAlex

    Business FIRS Generates N2.11 Trillion in 7 months

    The Federal Inland Revenue Service, FIRS, through tax collections, generated N2.11 trillion as revenue from January to July, 2017. This was announced in a progress report of the FIRS from January to July, obtained by the News Agency of Nigeria on Monday, showing the revenue performance and...
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