Tax (Page 3)

By Aluta News Oct. 8, 2021 Muhammad Nami, the Chairman of the Federal Inland Revenue Service (FIRS), has said that only 41 million pay taxes in Nigeria out of the over 200 million population in the country. Nami made the disclosure at the ‘Public Presentation and Breakdown of the HighlightsContinue Reading

By Aluta News Sept 17, 2021 Mr Temitayo Orebajo, Director, Tax Policy and Advisory Department, Federal Inland Revenue Service (FIRS) says all Civil Society Organisations (CSOs) are expected to register for tax purposes and obtain Taxpayer Identification Number (TIN). Orebajo said this in Abuja on Thursday at a webinar onContinue Reading

By Aluta News Sept 9, 2021 Mr. Albert Folorunsho, a tax expert has advocated for review and overhauling of Stamp Duty Act to meet the current realities in the country. Folorunsho said this in a paper presentation at the 148th Meeting of the Joint Tax Board (JTB) in Abuja onContinue Reading

By Aluta News Aug 25, 2021 A Tax Appeal Tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria Limited, owners of cable television services, DSTV, to pay 50 per cent of N1.8 trillion tax backlog to the Federal Inland Revenue Service (FIRS). Mr Abdullahi Ahmad, the Director, Communications and LiaisonContinue Reading

By Aluta News Aug 23, 2021 The Federal Inland Revenue Service (FIRS) has urged taxpayers to continue to pay their Value Added Tax (VAT) to it to avoid paying penalties for failure to do so. Mr Abdullahi Ahmad, Director, Communications and Liaison Department of the FIRS, gave the advice inContinue Reading

By Aluta News July 8, 2021 The Federal Inland Revenue Service (FIRS) has engaged some commercial banks as agents to freeze and recover N1.8 trillion from accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA). This is contained in a statement issued by Mr Abdullahi Ahmad,  Director, CommunicationsContinue Reading