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Tax Evasion: FIRS Plans Direct Deductions from Defaulters Bank Accounts, Other Assets

Following rising cases of wilful and illegal withholding of taxes collected by companies, corporations, Ministries, Departments and Agencies (MDAs) and other agents of collection,...

FIRS gets N216.6bn to raise N7.6 Trillion in 2021

The Senate has approved the sum of N216,646,579,231 billion naira as expenditure for the Federal Inland Revenue Service (FIRS) for the 2021 fiscal year. This...

International Mother’s Day: FIRS Boss Salutes mothers for family, nation-building sacrifices

Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has lauded Nigerian mothers and their counterparts globally for their untiring contributions to family...

Experts, Stakeholders Canvass Tax Automation At FIRS’ Dialogue

The Federal Government has been advised to explore data and intelligence in order to ease tax collection and improve its revenue base.Tax experts, speakers,...

Buhari Orders MDAs, Others to Grant Access to FIRS for Tax Collection

President Muhammadu Buhari has mandated ministries, departments, agencies and business enterprises to grant access to the Federal Inland Revenue Service (FIRS) to their systems...

Multi-nationals rob Nigeria blind, FIRS creates audit units against illicit financial flow

As often suspected and speculated by analysts, big multi-nationals have been robbing Nigeria blind, the chief tax man and Executive Chairman of the Federal...

Sanity prevails as FG backs down, apologises over call for re-registration in banks, others

After a few hours of mad reactions from Nigerians over a directive for all account holders to go through the rigours of re-registering their...

Non-oil tax revenue increases as reforms kick in at FIRS

Despite the national and global economic upheaval caused by the COVID-19 pandemic, the Federal Inland Revenue Service (FIRS) has continued to record significant increase...

(Opinion) Covid-19 pandemic and the Nigerian tax policy responses

By Oluwole Osagie–JacobsIt is common knowledge that the Nigerian economy is passing through perilous times. The economy which is the engine of the government...

Income tax: FIRS launches online portal for financial institutions

As part of its ongoing reforms to align the nation’s tax system with global standards, the Federal Inland Revenue Service (FIRS) has launched a...

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