Tag: FIRS
Quick Take: Expect majority of States to have revenue challenges as...
SAT 11 SEPT, 2021-theGBJournal- The Lagos State Governor, Babajide Sanwo-Olu, has signed the recently passed Value Added Tax (VAT) bill into law.
The law...
Interswitch consolidates partnership with FIRS on naira denominated tax returns
By Chrystal NK Chukwudebe
TUE 22 JUNE, 2021-theGBJournal- In fulfilment of its commitment to delivering seamless payment solutions, Interswitch Group has reaffirmed its pre-existing partnership...
CBN, FAAC and Obaseki’s ‘’Misinformation’’
By Arize Nwobu.
THUR 20 MAY, 2021-theGBJournal- The power of information and communication in nation building and driving financial markets and economy is immense. Accurate...
FIRS generates N4.178 trillion of 2020 target revenue
By Audrey Lotechukwu
MON, 07 DEC, 2020-theGBJournal- A total of N4.178 trillion has been generated by the Federal Inland Revenue Service (FIRS) from January to...
Nigeria’s VAT grows 8.45% in H12020
MON, JULY 27 2020-theG&BJournal- Like all of Nigeria’s income generating streams, the Federal Inland Revenue Services (FIRS) has been watching the sectoral distribution of...
FIRS: Paying taxes is not the problem
By Ehi Braimah
MON, JULY 27 2020-theG&BJournal- In the face of dwindling revenue from oil, it is not surprising that the federal government is shifting...
7.5% VAT deductions on voice calls is under FIRS, says Minister
Communications and Digital Economy Minister Isa Pantami said that the 7.5 per cent Value Added Tax (VAT) deductions on voice calls and text messages...
N8.5tr target: 50 directors, others affected in massive shake-up at FIRS
Ahead of his plans to realize the 2020 revenue target of N8.5 trillion, the Executive Chairman of the newly constituted board of the Federal...
Tribunal reverses FIRS’s N29.2 VAT on bank
WED, JUNE 19 2019-theG&BJournal-The Tax Appeal Tribunal, sitting in Abuja on Wednesday, reversed N29.2 million Federal Inland Revenue Service’s (FIRS) imposed as value added...
