Tag: FIRS
FIRS in N2bn lawsuit over alleged illegal shutdown of company
Mr Bharat Vora, a Plaintiff, on Monday prayed a Federal High Court in Abuja to award him N2 billion against…
LCCI tasks FIRS on robust communication with taxpayers
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Inland Revenue Service (FIRS) to evolve effective communication…
FIRS to go after 40, 000 millionaire tax defaulters in 2019
The Federal Inland Revenue Service (FIRS) says it will go after estimated 40, 000 millionaire tax defaulters in 2019. Mr…
FIRS generates N4.3trn tax revenue in 10 months
The Federal Inland Revenue Service (FIRS) on Friday said it generated N4.3 trillion as tax revenue between January and October…
FIRS recovers N3.63bn from Illicit Financial Flows in one year
The Federal Inland Revenue Services (FIRS) said it recovered about N3.63 billion by curbing Illicit Financial Flows between January 2017…
States owe FIRS N41 billion tax – NEC
The National Economic Council (NEC) on Thursday said states are owing the Federal Inland Revenue Service (FIRS) N41 billion in…
FIRS generates N2.52 trillion from taxes in 6 month
The Federal Inland Revenue Service, FIRS, says it realised N2, 529,615,174,601.25 from various taxes between January and June 2018.
N5.85bn Tax: SPDC and FIRS settle out of court
The Federal Inland Revenue Service, FIRS and the Shell Petroleum Development Company (SPDC) have settled out of court the lingering…
FIRS shuts Goldlink Insurance, others over N2.269 billion tax debt
Officials of the Federal Inland Revenue, FIRS, on Monday shutdown Goldlink Insurance Plc, Costain West Africa Limited and Trancit Ventures…
Special courts needed to handle tax issues – Experts
Mr Ike Odume, a Director in the Federal Inland Revenue Service (FIRS) said there is need for Nigeria to designate…
FIRS to join Automatic Exchange of Information to reduce tax evasion
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler said the organisation plans to join the…
FIRS seals up hotel over property variation, VAT
The Federal Inland Revenue Service (FIRS) has sealed Bolingo Hotel in Abuja over property variation of about N320 million and…
FIRS generates N3.30trn revenue
The Federal Inland Revenue Service (FIRS) on Friday said it collected N3.30 trillion revenue from taxes in 2016.
FIRS adopts technology to drive tax collection – Fowler
Mr Tunde Fowler, the Executive Chairman of Federal Inland Revenue Service (FIRS), on Friday said the service was adopting technology…
FIRS Realises N2.5bn From VAT Automation
The Federal Inland Revenue Service(FIRS) has entered into Value Added Tax (VAT) automation with Aero contractors, Dana and Medview airlines…
Niger Board Of Internal Revenue Gets New Chairman
Gov. Abubakar Bello of Niger has approved the appointment of Alhaji Jibrin Habibu as the Acting Chairman of the state’s…
Drama as FIRS seals companies over tax debts
The Federal Inland Revenue Service, on Wednesday, continued it tax enforcement exercise in Lagos, shutting down offices of companies owing…
700,000 Apply for 500 FIRS jobs
The Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, has said that the organisation received more than 700,000 applications…
FIRS battles Acorn Petroleum company over unpaid taxes
Akin Kuponiyi The Federal Inland Revenue Service (FIRS) has filed a counter claim before a Federal High Court in Lagos,…
N100m Tax Debt: FIRS seals two firms in Abuja
The Federal Inland Revenue Service, Thursday, sealed the offices of two Abuja-based firms over tax liabilities totalling N100.8 million. The…
FIRS seals companies in Kano, Port Harcourt over tax liabilities
The Federal Inland Revenue Service (FIRS), on Thursday, sealed the offices of two tax-defaulting companies in Kano over tax liabilities.…
FIRS shuts AMG Petroleum over N27m tax debt
In continuation of its tax enforcement exercise, the Federal Inland Revenue Service (FIRS), on Tuesday, sealed off the office of…
$1.5m: FIRS shuts Atlas Petroleum, unseals Costain W/Africa Ltd
An enforcement team of the Federal Inland Revenue Service (FIRS), Thursday, shut the headquarters of Atlas Petroleum International Limited over…
Tax Evasion: FIRS seals Ifeanyi Ubah’s Capital Oil
The Federal Inland Revenue Service (FIRS) resumed its enforcement exercise on Monday by shutting down tax-defaulting companies in Lagos and…
When FIRS came down on corporate tax defaulters
By Laolu Kolapo Eventful. That is the word that adequately the last one and a half weeks for the Federal…
More companies shut over tax default
In continuation of its efforts to arrest the growing incidence of non-remittance of Value Added Tax (VAT), the Federal Inland…
FIRS shuts more firms in Lagos, Abuja
The enforcement unit of the Federal Inland Revenue Services (FIRS), on Friday continued its closure of big companies in Lagos…
The Fowlers And Tunde Fowler
By Babasola Adigun A fowler, dictionaries tell us, is one who hunts birds for sport or food. His major tool…
Finance Ministry to reconcile FIRS, NNPC, DPR’s accounts
The Federal Ministry of Finance said it would soon form a sub-committee of three independent experienced analysts to examine the…
FIRS v Insurance Firms: Tax tribunal adjourns till May 9
The Tax Appeal Tribunal in Abuja has adjourned till May 9 to enable the insurance companies study and react to…