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FIRS
News and Analysis about firs
The Corporate Affairs Commission (CAC) has denounced reports that its agency is demanding companies to pay for their Tax Identification Number (TIN) in the country.
The government is expanding the net on transactions covered by the stamp duty charges from regular bank transfers to foreign transactions and now loans.
On Monday, March 25, 2024, the Office of the National Security Adviser (ONSA) confirmed the alarming news of Nadeem Anjarwalla, the regional manager for Africa at Binance, escaping custody.
The Federal Inland Revenue Service (FIRS) in Abuja has filed legal proceedings against the cryptocurrency exchange Binance, alleging four instances of tax evasion
The legal proceedings between the Abuja Electricity Distribution Company (AEDC) and the Federal Inland Revenue Service (FIRS) have hit a standstill following AEDC's non-compliance with a Federal High Court order in Abuja.
The Federal Inland Revenue Service (FIRS) has introduced a self-registration module on the Tax-Pro Max platform as part of reforms towards improving the ease of doing business and matching customer-centric approach.
The Executive Director of the Association of Nigerian Electricity Distributors, Sunday Oduntan, has revealed that the Nigerian government owes about N100 billion in electricity outstanding debt.
The House of Representatives, on Wednesday successfully passed the second reading of a bill aimed at creating the National Tax Crimes and Oversight Commission.
The Federal Inland Revenue Service (FIRS) has expressed opposition to the idea of introducing new taxes and levies on business owners as a means to finance the Child’s Online Access Protection Bill.
The Senate President, Godswill Akpabio, has said that the federal government, through the federal inland revenue (FIRS) has remitted an extra N30 billion to each state governor of the federation to address the soaring cost of living in their respective states.
The Senate, through its Finance Committee, has made a significant push for the Federal Inland Revenue Service (FIRS) to aim for an ambitious tax revenue goal of N30 trillion in 2024.
The Federal Inland Revenue Service (FIRS) has announced the service’s transition from the e-TPPLAT used in filing transfer pricing returns and country-by-country reporting notification to a new platform called TAXPRO-MAX platform.