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Tax

FIRS Moves After States Over Failure To Remit Tax Deductions

The Federal Inland Revenue Service (FIRS) disclosed its readiness to begin process of enforcement and recovery of unremitted tax deductions owed by some states and local governments. The FIRS, in a statement on Wednesday, noted that it would advise the federal government and the
June 1, 2022
Chairman of the FIRS Mr. Muhammad Nami

FIRS Demands Tax Compliance Approval For Holding Political Offices

The Federal Inland Revenue Service (FIRS) has asked that tax compliance should be a prerequisite for clearing aspirants to contest elective positions. Muhammad Nami, executive chairman, FIRS and chairman, Joint Tax Board (JTB) made the recommendation at a meeting with the Independent National Electoral
May 27, 2022
House Of Reps Grills TETFund Over N250bn Grant

House Of Reps Grills TETFund Over N250bn Grant

The House of Representatives, recently, quizzed the Management of the Tertiary Education Trust Fund (TETFund) over the disbursement of N250 billion worth of grants, which TETFund obtained in 2019. This was contained in TETFund’s Audited Financial Report for the year ended 31st
May 12, 2022

FIRS, NTA, Others Sign MoU To Educate Nigerians On Tax

he Federal Inland Revenue Service(FIRS) has signed a Memorandum of Understanding (MoU) with the Nigerian Television Authority (NTA), Federal Radio Corporation of Nigeria (FRCN) and the National Orientation Agency (NOA). This Newspaper can report that the MOU will see government-owned media organisations and
February 8, 2022

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