Tag: FIRS

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BREAKING: Muhammad M. Nami Steps In As New FIRS Boss

President Muhammadu Buhari has appointed Mr. Muhammad M. Nami as the new chairman of the Federal Inland Revenue Service.  He will take over from Mr. Tunde Fowler, whose tenure expired on Monday.

FIRS Revenue Rises to N1.6 Trillion in 2 years

Revenue generation by the 36 states of the federation has risen from N800.02 billion in 2016 to N1.6 trillion in 2018, representing a 46.11 per cent rise, according to data released yesterday by the Federal Internal Revenue Service (FIRS).

N254 billion in Tax Liabilities still Owed by Defaulters– FIRS

Not less than 23,141 defaulters are owing tax liabilities totaling N254 billion. This is according to the Federal Inland Revenue Service (FIRS).

FIRS to Commence VAT Charges on Online Transactions by January 2020 —Fowler

The Federal Inland Revenue Service (FIRS) has said that it would start charging Value Added Tax on online transactions, both domestic and international, with effective from January 2020.

Tax Defaulters: FIRS names Coldstone, Payporte, Davido, amongst others

The Federal Inland Revenue Service (FIRS) has published a list of tax defaulters with their different bank accounts it placed under lien for owing taxes. The revenue agency listed not less than 19,901 accounts that were yet to regularize their tax status. 

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