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(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...

FIRS decries pioneer tax relief racket

Release By Abdullahi Ismaila Ahmad, Director, Communications and Liaison Department, Federal Inland Revenue Service The Federal Inland Revenue Service (FIRS) has decried a systemic abuse of...

COVID-19: Taxation keeping Nigeria afloat, says FIRS

Tax revenues generated by the Federal Inland Revenue Service (FIRS) have kept the Nigerian economy going despite the ravages of the COVID-19, Executive Chairman,...

FIRS felicitates with Muslims, gifts companies extension for filing returns

As the Muslim world celebrates the Eid-el-Kabir today, the Federal Inland Revenue Service (FIRS) has joined the rest of the country to felicitate with...

Stamp Duty: Why landlords can’t increase rent, by FIRS

There is no basis for rent increment in relation to the stamp duty payable on tenancy and lease agreement by tenants in the country,...

FIRS clarifies stamp duty, reiterates 0.78%, plans palliatives for tenants – Nami

Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has assured tenants across the country that the Service is working on a stamp...

Stamp Duty: Landlords, property agents must collect, remit 6% on tenancy, lease agreement

The Federal Inland Revenue Service (FIRS) has enjoined landlords and property agents to ensure that they charge 6 per cent Stamp Duty on all...

FIRS clarifies stamp duty rates, others

Following several requests by taxpayers seeking clarifications on the current administration of Stamp Duties Act in the country, the Federal Inland Revenue Service (FIRS)...

Senate wants age review for job seekers; approves N168.8bn 2020 budget for FIRS 

The Senate has called on the President Muhammadu Buhari-led Federal Government to direct the Federal Ministry of Labour and Productivity to set up a...

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