Global Report: Tax Economy

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Showing posts with label Tax Economy. Show all posts
Showing posts with label Tax Economy. Show all posts

Wednesday, April 16, 2025

FIRS begins scrutiny of tax incentives, identifies infractions

April 16, 2025 0

The Federal Inland Revenue Service (FIRS) has commenced a comprehensive review of all tax incentives under its administration, citing the need to improve transparency, eliminate inefficiencies, and ensure value for money in the country’s tax expend...

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Friday, March 21, 2025

FIRS Partners Flutterwave For Digital Tax Collections

March 21, 2025 0

  In its resolve to make tax payment procedures seamless and easy for taxpayers, Federal Inland Revenue Service (FIRS), has entered into partnership with  Africa’s leading payments technology company, Flutterwave, for its digi...

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Tuesday, March 18, 2025

Tax policy development crucial for domestic revenue mobilisation in West Africa----FIRS chairman

March 18, 2025 0

    Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has restated the commitment of the agency to supporting initiatives that promote tax policy development and build the capacity of tax administrators in the West African sub-r...

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Sunday, March 2, 2025

FIRS: Tax Revenue, Nigeria’s New ‘Crude Oil’

March 02, 2025 0

. .why President Tinubu deserves commendationBy Dare AdekanmbiPrior to Nigeria’s Independence in 1960, agriculture was the mainstay of its economy, even as reflected in the economic activities of the regions there were in the country at that time. ...

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Friday, December 6, 2024

Staff Members Celebrate FIRS Boss over Enhanced Welfare Package

December 06, 2024 0

  The Executive Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji Ph.D, on Thursday was received by jubilant workers ...

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Wednesday, November 6, 2024

House Committee Commends FIRS Sterling Performances On Finance...we are satisfied with progresses made

November 06, 2024 0

  The House of Representatives Committee on Finance has commended the level of progress and achievements being made by the Federal Inland Revenue Service (FIRS), promising that it will not withhold any support needed by the agency.The Committee mem...

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Wednesday, October 9, 2024

Breaking! FIRS Launches USSD Code *829# for taxpayers’ satisfaction

October 09, 2024 0

In a bid to enhance ease of doing business, the Federal Inland Revenue Service (FIRS), on Wednesday, launched an Unstructured Supplementary Service Data (USSD) Code *829# specifically targetted at improving taxpayers’ satisfaction.FIRS chairman, Za...

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Sunday, August 18, 2024

Cryptocurrency Landscape Need Be Regulated And Laws To Overhaul Revenue Collection –FIRS Chairman Charges

August 18, 2024 0

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, announced that the Federal Government is set to introduce new tax laws by September, which will include regulations for the cryptocurrency industry.Speaking on ...

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Tuesday, July 30, 2024

Tinubu’s order on crude oil sale in Naira will save Nigeria $7.3b yearly – FIRS Boss, Adedeji

July 30, 2024 0

 President Bola Ahmed Tinubu’s Special Adviser on Revenue and Chairman of the Federal Inland Revenue Service, Zacch Adedeji has said that Nigeria’s decision on sale of crude in Naira will save the country an estimated $7.3 billion annually.Adedeji ...

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Monday, July 8, 2024

FIRS Chairman Calls for Strengthening of Internally Generated Revenue Capacity

July 08, 2024 0

The Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji PhD, has emphasized the need to enhance the Internally Generated Revenue (IGR) capacity in order to improve revenue administration processes, particularly at the subnationa...

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Thursday, July 4, 2024

Prepare For New Tax Reforms, FIRS Boss Informs States

July 04, 2024 0

 ...Zacchaeus Adelabu Adedeji...The Federal Inland Revenue Service (FIRS) Chairman, Dr. Zacch Adedeji, has urged state governments to brace up for the tax reforms about to be released.Adedeji emphasised the importance of a robust Internal Generated...

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Monday, June 3, 2024

Breaking: Zacch Adedeji-led FIRS fails to meet target of oil tax revenue target by N1.69T in Q1 2024

June 03, 2024 0

 The Federal Inland Revenue Service (FIRS) has failed to reach the approved target for the 2024 budget of N9.96 trillion, with a monthly average of N829.97 billion from oil taxes.Based on the approved 2024 budget, FIRS is meant to have collected N3...

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Monday, February 12, 2024

FIRS: We Have No Plans To Tax Online Content Creators and Skit Makers

February 12, 2024 0

  The Federal Inland Revenue Service (FIRS) has clarified that it has no intentions of imposing taxes on online content creators.A report from the News Agency of Nigeria (NAN), based on discussions with FIRS staff, highlighted that skit makers are ...

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Friday, September 29, 2023

LIRS TASKS BUSINESS ORGANISATIONS ON CONSUMPTION TAX COMPLIANCE

September 29, 2023 0

 The Lagos State Internal Revenue Service (LIRS) has urged owners of restaurants, hotels, and event centres operating in the state to contribute to the state’s development by prioritizing the monthly collection and remittance of a 5% consumption ta...

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