FIRS

FIRS Milestone H1 2023 Performance, A Success Foretold

For any one who has paid more than a passing attention to the activities of the Federal Inland Revenue Service…

1 year ago

FIRS: Tax, The Untaxed And The Taxables

It is a common truth that no country on earth, including Nigeria, is able to tax all the taxables, or…

1 year ago

FIRS Rakes-in Record N5.5 Trillion In Six Months

The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period…

1 year ago

FIRS Extends Due Date For Filing 2023 Companies Income Tax Returns

FIRS has extended the due date for filing 2023 Companies Income Tax Returns.   Glamtush reports that Companies that were…

1 year ago

President Tinubu Govt Announces Plan To Collect Tax From Market Traders, Informal Sector

President Tinubu govt has announced plan to collect tax from market traders, informal sector. Glamtush reports that President Bola Ahmed…

1 year ago

Tax Rights And Tax Obligations: Two Sides Of The Same Coin

It is common knowledge that taxation plays a vital role in the economic development of every country whether developed, developing…

1 year ago

Multiple Taxation: FIRS Partners With Market Traders Association of Nigeria (MATAN) For VAT Remittance From Informal Sector

FIRS has partnered with the Market Traders Association of Nigeria (MATAN) for VAT remittance from informal sector over multiple taxation.…

1 year ago

Facelift To Nigeria As Tax-To-GDP Ratio Increases To 10.86 Percent

For a long time, more than twelve years, Nigeria wore a “Lowest Tax-to-GDP (Gross Domestic Product) Ratio” in the whole…

1 year ago

FIRS: Nigeria’s Tax-To-GDP Ratio, 10.86% As At 2021

Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end…

1 year ago

Muhammad Nami: Double Honour For The Nation’s Tax Czar

The aphorism that there is no hiding place for the golden fish was practically manifested last week when the Executive…

1 year ago

Muhammad Nami, Executive Chairman, FIRS Wins ICAN Merit Award

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami has been named winner of the Institute of Chartered…

2 years ago

“Nigeria College of Taxation and Fiscal Studies” Bill Passes Second Reading

A bill for an Act to establish the Nigeria College of Taxation and Fiscal Studies passed its Second Reading last…

2 years ago

Tax Administrators Must Match Pace Of Global Technological Advancements – CATA President

Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves…

2 years ago

FIRS Signs MoU With UK’s HM Revenue And Customs For Collaboration On Capacity Building

FIRS has signed MoU with UK’s HM Revenue and Customs for collaboration on capacity building. Glamtush reports that a Memorandum…

2 years ago

Taxation: Our Quota To Nation Building

Tax is a compulsory contribution to state revenue levied by the government on workers' income and business profits, or added…

2 years ago

FIRS And Its Historic N10.1 Trillion

When the music is good to our ears, we dance. And if we cannot dance, then we clap. Or we…

2 years ago

Tax Harmonisation: FIRS Signs MoU With LIRS For Joint Tax Operations And Audit

The Federal Inland Revenue Service (FIRS) yesterday signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS)…

2 years ago

FIRS Makes FAAC Fat

Many Nigerians hold the notion and presume wrongfully that every money invested in various development projects by the three tiers…

2 years ago

As FIRS under Nami Jumpstarts The Economy

The Federal Inland Revenue Service as we know it is the federal government agency charged with mobilizing revenues through tax…

2 years ago

FIRS Breaks Its 2021 Record, Collects N10.1 Trillion In 2022

The Federal Inland Revenue Service (FIRS) has announced that it collected over N10 trillion in tax revenue in the year…

2 years ago