Fowler lauds JTB’s new tax scheme, hopeful of returns
Chairman of the Joint Tax Board (JTB), Babatunde Fowler, has stated that the Tax Identification Number (TIN) Registration System and Consolidated National Taxpayers Database introduced by the JTB will ensure efficiency and output of the entire tax administration process and provide convenience to taxpayers and tax authorities.
CITN renews vision statement to widen horizon
To widen its corporate horizon, the Chartered Institute of Taxation of Nigeria (CITN), has renewed its vision and mission statement, with the hope to pursue the actualisation of both with more vigour.
FIRS reiterate call on eligible citizens to pay tax
Babatunde Fowler, Executive Chairman, Federal Inland Revenue Service (FIRS) has reiterated call on eligible citizens to ensure adequate payment of tax to government for enhanced revenue generation.
FIRS targets N750b from tax evading firms
To boost government’s revenue, the Federal Inland Revenue Service (FIRS) has unveiled plans to generate N750 billion from erring accounting firms in the country.
Proposed VAT increase to raise consumer prices, inflation
Nigerians may have to brace for the tough times declared by President Muhammadu Buhari, following the Federal Government’s proposed increase of Value Added Tax (VAT) by between 35 and 50 per cent.
FIRS hits N5.2 trillion tax revenue, gets N8tr target in 2019
The Federal Inland Revenue Service has recorded an all-time high tax revenue collection of N5.23 trillion in 2018, with Value Added Tax (VAT) at N1.11 trillion for the first time.
FIRS generates N4.3trn tax revenue from January to October - Fowler
The Federal Inland Revenue Service (FIRS) on Friday said it generated N4.3 trillion as tax revenue between January and October this year. FIRS Executive Chairman, Babatunde Fowler, disclosed this during the “Federal Inland Revenue Service Special Day” at the ongoing Lagos International Trade Fair held at Tafawa Balewa Square. Represented by Mrs Angel Fadahunsi, FIRS…
Grow VAT, digital economy revenue, Fowler urges developing countries
Chairman of the Federal Inland Revenue Service, Babatunde Fowler, has advised developing countries to grow Value Added Tax and tax revenue...
Stakeholders urge taxation review
Industry operators have called on the government to support the sector’s growth and development by collaborating with stakeholders...
FIRS chairman, Fowler lauds Osun State’s revenue drive
Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler, has commended the revenue drive of Osun State government. He made the commendation when he visited the state Governor, Rauf Aregbesola in Osogbo, the state capital. In commending the revenue process, he said it has ensured the judicious spending of taxpayers’ money in building infrastructure and…