FIRS Resumes Taxation On Bonds, Short-term Govt Securities
THE Federal Inland Revenue Service (FIRS) has commenced collection of income tax on bonds, short-term government securities.
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Victor Ezeja
LCCI Reacts To FG’s New Tax On Carbonated Drinks
The Lagos Chamber of Commerce and Industry (LCCI) has kicked against the newly-introduced excise duty of N10/litre on all non-alcoholic, carbonated and sweetened beverages by the federal government. LCCI explained that the newly-imposed excise
PBA Reporter
Finance Bill: Our Tax System Must Work For Every Nigerian – FIRS
The Federal Inland Revenue Service (FIRS) has disclosed that the 2021 finance bill will enable an efficient tax system that will work for every Nigerian. Muhammad Nami, executive chairman FIRS, made this
FIRS Kicks Against VAT Collection By States
FEDERAL Inland Revenue Service (FIRS), has objected to the idea of states collecting Value Added Tax (VAT) in Nigeria.
Kayode Shopekan
Lagos Govt Seals Chinese Firm, Others For Refusing To Pay Tax
Lagos State Internal Revenue Service (LIRS) has sealed a Chinese firm and 15 other hospitality firms for failing to meet up with their tax submission deadline. The affected companies which include a
FIRS rakes in historic N650bn profit in June
The Federal Inland Revenue Service (FIRS) said that it made over N650 billion in June 2021, the highest revenue realised in a single month since the assumption of office of the current
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