Browsing Tag
firs
10 posts
FIRS introduces USSD code, *829# for tax easy information retrieval
FIRS improves tax system, ignores capacity of Tax Payers amidst depressing Economic Conditions
How NCC, FIRS wants to boost revenue contribution from telecoms sector
*Sets up 17-man committee | *...part of request by the FIRS for data and documents from the telecoms industry for enhancing national revenues from the sector
Alleged Tax Evasion: Multichoice ordered to pay N900bn to FIRS before Sept 23
DSTV parent company, Multichoice, has been ordered by the Tax Appeal Tribunal (TAT) sitting in Lagos to pay…
Nigerian government freezes accounts of DSTV owner, Multichoice over alleged N1.8trn tax fraud
The Federal Inland Revenue Service (FIRS) has directed commercial banks to freeze and recover over N1.8 trillion in…
NIPOST Finally Reclaims Stamp Duty Collection from FIRS After 3 Years of Dispute
The Federal government has decided that the Nigeria Postal Service (NIPOST) will now be responsible for collecting stamp…
How to File and Remit Value Added Tax (VAT) for Small Businesses and Startups
In Nigeria, small businesses duly registered with the Corporate Affairs Commission are mandated to file and remit Value…
FIRS Stamp Duty Hike for Tenancy Agreement: A Legal Analysis
By Opatola Victor (Esq) Recently, the Federal Inland Revenue Service (FIRS) through its Chairman announced that the agency will…
FIRS Orders Landlords and Agents to Charge 6% Stamp Duty on Tenancy and Lease Agreements
The Federal Inland Revenue Service on Wednesday announced that property owners and agents have been ordered to charge…
As FIRS Intends to Charge N50 Stamp Duty on Transactions Above N10,000, Will Nigerians Voluntarily Declare Their Transactions?
In a circular that was released in May, the Federal Inland Revenue Service (FIRS), announced that stamp duty…
Unregulated Gambling Set to Rise in Nigeria as FIRS Plans 5% VAT On Nairabet, Bet9ja Stakes
It is no longer news that the Nigerian government has plans to introduce new taxes on a host…