Reps query CBN, others over alleged missing $60b tax revenue
Members of the House of Representatives Committee on Public Petitions yesterday resolved to investigate alleged missing of $60.3 billion petroleum profit tax (PPT) and royalty revenues in the Central Bank of Nigeria (CBN).
Ex-FIRS boss task government on job creation to curb insecurity
Former Executive Chairman, Federal Inland Revenue Service (FIRS), Ifueko Omoigui-Okauru, has lamented the spate of insecurity across the country, particularly the incessant cases of kidnap in Edo State.
How states will benefit from VAIDS, by JTB secretary
Sir Oseni Salawe Elamah, Executive Secretary of the Joint Tax Board (JTB), has disclosed that state governments will reap huge benefits from the implementation of Voluntary Assets and Income...
Ogola: Why Buhari’s budgets fail
As President Muhammadu Buhari presents 2018 budget proposal to Joint Session of National Assembly on Tuesday, issues of improper planning and non-adherence to due processes...
Fowler emerges first Vice Chairman, UN Tax Committee of experts
The Executive Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler, has been elected first Vice Chairman of the United Nations Committee of Experts on International Cooperation in Tax Matters.
FIRS, ICAN disagree over proposed tax holiday for new firms
The Federal Inland Revenue Service (FIRS) and the Institute of Chartered Accountants of Nigeria (ICAN) have disagreed over a proposed 10-year tax holiday for new firms.
Reps ask banks to unfreeze Patience Jonathan’s accounts
The House of Representatives Committee on Public Petitions yesterday ordered banks where Patience Jonathan, her friends and relatives, have accounts to unfreeze them forthwith, following the hardships they are going through.
Tax information exchange – what will change and how taxpayers should respond
Imagine you have the opportunity to make some money by sitting for a maths test. You have to answer 20 questions in five minutes. You will get an amount of money for each correct answer.