The Federal Inland Revenue Service (FIRS) has stated that it has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the…
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Tag: FIRS
Citizens’ Right To Demand Accountability, Subject To Compliance With Tax Obligations – FIRS
The moral right of citizens to demand accountability from government on what their taxes have been used for, is dependent on when citizens have themselves…
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FIRS Cautions MDAs: Stop Contracting Tax Assessment, Collection, Enforcement To Consultants
The Federal Inland Revenue Service (FIRS) has cautioned Ministries, Departments and Agencies of Government (MDAs) against the appointment of consultants and concessionaires to collect taxes…
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Our Mandate Is To Collect Taxes, Not To Grant Tax Waivers To Taxpayers – FIRS
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has disclosed that the mandate of the Service is to collect taxes…
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FG grants N16tn waiver to Dangote, Honeywell, others
S’Africa earned $107bn tax revenue in 2021, Nigeria $15bn, behind Kenya, Angola The Federal Government has foregone N16.76tn in revenue to tax reliefs and concessions…
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Nami: Road Infrastructure Tax Credit Scheme, One of the Greatest Innovations of FG
The Road Infrastructure Tax Credit Scheme has been described by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami as one of…
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What The Education Tax Is Doing in Nigeria’s Public Tertiary Institutions
Some of the most prevalent challenges confronting public tertiary institutions in Nigeria are funding, management problems, obsolete equipment, poor learning facilities and infrastructure. Chief among…
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Subsidy Investigations: FIRS Explains, Our Statutory Role Is Tax Enforcement, Collection, Not Use Of Funds
The Federal Inland Revenue Service (FIRS) has responded to queries by the Special Adhoc Committee on Petroleum Subsidy Regime tasked to investigate petroleum products…
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BEWARE OF SCAM ARTISTS: THE FIRS IS NOT RECRUITING
On repeated occasions, the Federal Inland Revenue Service (FIRS) has cautioned the general public to be vigilant and circumspect not to deal with scam artists…
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POST-VAIDS: JTB, FIRS Commences Full Scale Enforcement On Defaulter
Upon the effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through…
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