Tag
MUHAMMAD NAMI
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.
The reasons the FIRS failed to attain its tax revenue projections under former Executive Chairman, Babatunde Fowler, have been disclosed by his successor.
In a bid to track all tax evaders and defaulters in the country, the FIRS has launched a national intelligence gathering system.
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
President Buhari decided against extending the tenure of Babatunde Fowler as the chairman Federal Inland Revenue Service (FIRS).