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FIRS
News and Analysis about firs
The FIRS has set a deadline for all taxpayers and organisations to obtain Tax Identification Numbers (TINs).
Foreigners with business visas are reportedly taking advantage of the Free Trade Zones to evade tax payment for businesses and work done in Nigeria.
FIRS has tightened regulations regarding payments of Stamp Duty, Withholding Tax and Company Income Tax .
In a bid to ensure total tax compliance in the country, the FIRS has disclosed plans to put new policies in place.
LIRS is cracking down on companies in Lagos, leading to the shutdown of 16 companies for allegedly not remitting N126.19 million consumption tax.
In a bid to track all tax evaders and defaulters in the country, the FIRS has launched a national intelligence gathering system.
The MD of Citadel Oracle Concepts Ltd, Benjamin Joseph, reportedly cried and rolled on the floor of a courtroom, after he was denied a chance to testify.
The Federal Inland Revenue Service (FIRS) has said that the implementation of the Finance Act would lead to richer Nigerians paying more taxes in the country.
The Executive Chairman of FIRS, Mohammed Nami, says tax administrators need to tax street traders, artisans and other jobs in the informal sector.
The Federal High Court has struck out MTN Nigeria's lawsuit against the Attorney General of the Federation, Abubakar Malami.
PricewaterhouseCoopers has enumerated important areas the Federal Inland Revenue Service, under Muhammad Nami, should be focusing on.
About 50 directors, deputy directors, and assistant directors have been redeployed by the new Executive Chairman, FIRS, Muhammad Nami. The move is to meet the agency's N8.5 trillion target revenue. #FIRS