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FIRS
News and Analysis about firs
The Federal Inland Revenue Service (FIRS) says its revenue projections for the year 2022 financial year is N10.1...
The Board of the Federal Inland Revenue Service (FIRS) has announced the dissolution of the FIRS unit of...
This is not the first time Nigerian authorities have tried to penalize a South African company over tax matters.
The FIRS has stated that contrary to media reports, it is still in charge of the collection of stamp duty.
The Minister of Communications has disclosed that NIPOST has reclaimed the collection of stamp duty charges from the FIRS.
Zinox and TD Africa have been vindicated as court rules on N170 million FIRS contract scandal.
VAT revenue grew by 29.3% compared to N1.18 trillion recorded in 2019 as professional services sector tops with N162.3 billion remittance
President Buhari has directed the FIRS and other related government agencies to ensure strict compliance of tax payments by foreign companies.
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 FIRS has stated that it shall recover all outstanding debt with penalties and interest from January 1, 2021.