Federal Inland Revenue Service (FIRS)

The Federal Inland Revenue Service (FIRS) says it will begin to impose Value Added Tax (VAT) on online transactions, both domestic and international, with effective from January 2020. The Executive Chairman of FIRS, Mr Tunde Fowler,…

The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) is to panel with the Federal Inland Revenue Service (FIRS), to recover tax revenues from companies who hitherto have been evading payment. Ms…

MTN Nigeria, on Friday, admitted to a technical disagreement between it and the Federal Inland Revenue Service (FIRS), on how the 2015 fine should be treated for tax purposes. Mr Onome Okwah, Manager, Public Relations and Protocol,…

The Joint Tax Board (JTB) Chairman, Mr Tunde Fowler, on Thursday unveiled the South West Regional National Tax payer Identification Number (TIN). Fowler said, at the inauguration ceremony of the new TIN registration system and consolidated…

Zainab Ahmed, the former minister of finance, says the government has plans to raise value-added tax to 7.5% by 2020 from the present 5%. The former minister made this known on Tuesday while speaking on the sidelines of the ongoing…

The Lagos Chamber of Commerce and Industry (LCCI) has expressed concern over reports of interception of containers on the highways by the officials of Standards Organisation of Nigeria (SON). The chamber raised the concern in a…

The Federal Inland Revenue Service (FIRS) has budgeted N160 million for sewing of uniforms for its drivers. The service also budgeted N825 million for refreshment and N250 million for security vote. While defending the budget before a…

The Nigerian National Petroleum Corporation (NNPC) says it will unveil the largest Liquefied Petroleum Gas (LPG) also known as cooking gas and Propane Storage and dispensing facility in Oredo, Benin City. The Corporation disclosed this…

The Federal Inland Revenue Service (FIRS) says the country’s taxpayers will soon increase to 45 million. Mr Wahab Gbadamosi, the Head, Communications and SERVICOM Department, in a statement in Abuja on Monday said the Executive…

BABAJIDE OKEOWO The Society of Women in Taxation (SWIT) has described as disheartening and worrisome the lopsidedness in states contribution to the tax drive of the country following the revelation that Lagos State contributed 70 percent…