President Bola Tinubu has appointed Zacchaus Adedeji as the Executive Chairman of Federal Inland Revenue Service (FIRS) in an acting capacity pending his ratification by the National Assembly. Adedeji will be in acting capacity for a 90-day period before his…
The Federal Inland Revenue Service (FIRS), has revealed that it is partnering the National Lottery Regulatory Commission (NLRC) on Value Added Tax (VAT) payment automation for the lottery and gaming sector to boost revenue generation. FIRS Boss, Dr Babatunde Fowler,…
The Federal Inland Revenue Service (FIRS) aims at pulling a total of N750 billion from about 55,000 millionaire tax debtors this year. This was made known recently in Abuja by the FIRS Chairman, Mr. Tunde Fowler, while addressing the House…
The Federal Inland Revenue Service (FIRS) has announced plans to go after estimated 40, 000 millionaire tax defaulters in 2019 having realised N23 billion from over 45, 000 tax defaulters that had over N100 million as turnover in their accounts…
The Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB) and the Small and Medium Enterprises Development Agency (SMEDAN) have begun a sensitisation exercise for Business Membership Organisations (BMOs) on tax payment and their rights as taxpayers, a move calculated…
The Federal Inland Revenue Service on Monday sealed off four companies in Lagos and Port Harcourt over their alleged failure to meet their tax obligations totaling N630m. The affected firms include Charcoal and Spices Restaurant Limited, GRA, Port Harcourt, and…
