What tax experts are saying about FIRS 1-month window for taxpayers to settle foreign currency tax liabilities
Companies with outstanding foreign currency tax liabilities to pay cheaper tax in Naira.
Tag: Muhammad Nami
FIRS opens one month window to enable taxpayers settle foreign currency tax liabilities in naira.
The FIRS has announced that a one month window has been opened to enable taxpayers to settle foreign currency tax ...
Stamp Duty and Capital Gains Tax are not adequately collected – FIRS
Muhammad Nami, the Executive Chairman of the Federal Inland Revenue Service, has criticized the current stamp duty and capital gain ...
VAT collection can only work at national level, not state level – FIRS
The Federal Inland Revenue Service warned that the collection of Value Added Taxes in Nigeria can only work at the ...
FIRS generates N490 billion tax revenue in July, collects 89% from non-oil sector
The agency has announced a significantly huge amount it collected as tax for the month of July.
FIRS clarifies stamp duty charges, lists eligible transactions
Nami listed at least 50 types of transactions that are eligible for stamp duty deductions.
FIRS integrates API to verify taxes paid by Telcos
As part of the MoU which FIRS signed with NCC, it has concluded plans to integrate API technology solution,to verify the accuracy ...
FIRS retires coordinating directors, appoints new ones
The Federal Board of Inland Revenue (FBIR) has approved the appointment of four new Coordinating Directors and two Group Heads ...
Nami eyes N4 trillion from extractive sector to meet President Buhari’s unusual target
The Chairman of FIRS, Muhammad Nami, has projected that about N4 trillion would be generated from the extractive sector in ...
FIRS tightens noose on deduction of stamp duty, CIT, others
FIRS has tightened regulations regarding payments of Stamp Duty, Withholding Tax and Company Income Tax .
