Business
Income Tax Returns: FIRS Extends Due Date For Companies
The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been…
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Victoria Kwakwa Appointed World Bank Vice President for Eastern and Southern Africa
The World Bank has appointed Victoria Kwakwa as the new World Bank Vice President for Eastern and Southern Africa, effective today. Kwakwa, an…
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2022 Is Turning Out To Be A Banner Year for African Oil & Gas
By NJ Ayuk, Executive Chairman, African Energy Chamber After the dramatic post-COVID slowdown in 2020-21, 2022 is turning out to…
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FIRS Powers To Recover Taxes Unremitted From States, LGAs Are In Order — Group
The powers of the Federal Inland Revenue Service, (FIRS) to recover unremitted taxes deducted by States and Local Governments is…
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VAT Row: Court of Appeal Rules In Favor of FIRS
The Court of Appeal, sitting in Lagos today has upheld the appeal filed by the Federal Inland Revenue Service (FIRS),…
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Harmonising Nigeria’s Fragmented Tax System
Mark Itsibor writes on the need for Nigeria to improve its revenue by harmonising the current tax systems Nigeria has…
Read More » IFA Backs FIRS’ Rejection Of OECD Digital Economy Tax Agreement
The International Fiscal Association (IFA) has thrown its weight behind Nigeria for refusing to endorse the Organization for Economic Cooperation…
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FIRS To Commence Nationwide Monitoring On Tax Compliance
The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Added Tax (VAT) and…
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OECD Minimum Corporate Tax Agreement Not In The Country’s Best Interest – FIRS
Nigeria’s cautious approach to the endorsement of the Organization for Economic Cooperation and Development (OECD)/ G20 Inclusive Framework two-pillar solution…
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FIRS Calls For Increased Collaboration Within African Countries To Effectively Tax Digital Businesses
The Federal Inland Revenue Service (FIRS) has stated that there is need for improved collaboration among countries and international stakeholders…
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