FG Plans New Taxes, Regulation for Cryptocurrency by September
The Federal Government has announced plans to introduce new tax laws by September, which will include regulations for the cryptocurrency industry. The Executive Chairman of the Federal Inland Revenue…
Tinubu’s Tax Reform Bills: Only Three States Receive Over 70% VAT in Nigeria – FIRS
The Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji has revealed that only three states benefit from the current tax law. He stated that the three states receive…
FIRS Announces Fresh Recruitment For Experienced Positions
The Federal Inland Revenue Service, FIRS has announced it is recruiting. FIRS made the announcement on its official X handle on Monday. The advertised positions include Assistant Manager and Deputy…
FIRS Clarifies 6% Stamp Duty Charge on Tenancy And Lease Agreement
The Federal Inland Revenue Service, FIRS has given clarifications on its decision to impose a stamp duty charge on tenancy and lease agreements. Executive Chairman of the FIRS, Muhammad Nami…
Buhari Directs Strict Compliance With Payment Of Taxes By Foreign, Local Companies
President of the Federal Republic of Nigeria, Muhammadu Buhari has directed the Federal Inland Revenue Services (FIRS) and related government bodies to plug all revenue leakages by ensuring strict compliance…
States Sue FG Over Sharing of Stamp Duty Revenue
Abubakar Malami, the Attorney-General of the Federation (AGF) has been sued by Attorneys-general of the 36 states for non-remission of funds generated from stamp duties into state accounts. The state…