Nigeria’s company income tax revenue drops to N1.41 trillion in 2020

Taxes you should be aware of before starting a business in Nigeria

Income tax revenue stood at N1.41 trillion in 2020, indicating a 13.35% decline.

Best ways to legally reduce tax for your business | EMM

by Nairametrics

January 23, 2021

https://www.youtube.com/watch?v=tRF5JpTSDOA&feature=youtu.be

Nigeria generates N416.01 billion from Company Income Tax in Q3 2020

by Samuel Oyekanmi

November 27, 2020

Total company income tax generated increased by 3.48% in Q3 2020, compared to N402.03 billion recorded in Q2 2020.

States lose N35.51 billion to bail-out , FAAC disburses N650.8 billion as South-South states receive highest share

IGR: States generate N612.9 billion in H1 2020, dips by 11.7%

by Samuel Oyekanmi

October 6, 2020

The IGR generated by the 36 states including the FCT in the first half of the year, dipped by 11.7%.

FIRS, Nigeria generates N424.71 billion VAT in Q3 2020

Why Nigeria’s low tax collection rate can’t be fixed just yet

by Lawretta Egba

July 21, 2020

FG had raised the value-added tax rate as a way to increase government revenue.

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These foreign tech companies must now pay tax to Nigerian Government

by Ruth Okwumbu

July 10, 2020

Companies that have social media platforms operational in Nigeria will now have to pay tax.

Why rich Nigerians will pay more in new tax regime

by Chidinma Nwagbara

February 9, 2020

The Federal Inland Revenue Service (FIRS) has said that the implementation of the Finance Act would lead to richer Nigerians ...

Court strikes out MTN Nigeria’s suit against AGF, as FIRS, Customs take over tax probe

by Fakoyejo Olalekan

February 26, 2020

The Federal High Court has struck out MTN Nigeria's lawsuit against the Attorney General of the Federation, Abubakar Malami.

Tax debt: Dwindling fortunes of WEMPCO Steel Mill

by Fakoyejo Olalekan

January 17, 2020

WEMPCO Steel Mill Limited is close to shutting down after the Federal Inland Revenue Service (FIRS) placed a lieu on the company’s account. ...

Lagos State to use LIRS to fund N1.17 trillion 2020 Budget

Lagos State to fund N1.17 trillion budget with tax expansion

by Fakoyejo Olalekan

January 9, 2020

Sam Egube has disclosed that Lagos state would expand its tax net, which is considered too low for its population ...

Tag: TAX