The FIRS has stated that contrary to media reports, it is still in charge of the collection of stamp duty.
Buhari has directed all government agencies and business enterprises to grant FIRS access to their systems for a seamless connection.
FIRS has announced that it generated N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.
The FIRS has added additional 35 tax audit units nationwide, to stem the high rate of illicit financial flow in the country.
The NSE has given clarifications on the public notice released by the FIRS, itemizing contract notes at an ad valorem rate of 0.08%.
FIRS has raked in the total sum of N4.178 trillion as revenue out of the personal target of N4.239 trillion.
The agency has announced a significantly huge amount it collected as tax for the month of July.
The innovation is part of the agency's ongoing reforms to align the country’s tax system with global standards.
The total tax collection in the second quarter of 2020 increased by 8.2%
This disclosure was made through a series of tweet posts by NIPOST.