VAT collection by states will stifle businesses – FIRS
The Federal Inland Revenue Service (FIRS) has said its opposition to the administration of Value Added Tax (VAT) by states ...
Tag: FIRS
FIRS goes after Multichoice over N1.8trn tax arrears
The Federal Inland Revenue Service (FIRS) has engaged some commercial banks to recover tax arrears to the tune of N1.8 ...
VAT remittances to FAAC increase 108% in Q1 2021
Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says value-added tax (VAT) increased by 108.01 per cent and ...
Buhari orders MDAs to grant FIRS access to their systems
President Muhammadu Buhari has directed all government agencies to grant the Federal Inland Revenue Service (FIRS), access to its system ...
Nigeria loses N5.4 trillion to tax evasion in 10 years – FIRS
The Federal Inland Revenue Service (FIRS) has disclosed that Nigeria lost N5.4 trillion through tax evasion by foreign multinationals between ...