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…