tax evasion
7 Dec
Sir: Economic and financial crimes have over the past decades been a hindrance to Nigeria’s development, economic prosperity and greatness.
19 Jul 2021
The Lagos State Internal Revenue Service (LIRS) on Monday resumed sealing of companies and hospitality firms over unpaid consumption taxes, shutting 16 firms during tax law enforcement.
13 Jun 2021
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has urged the National Assembly to amend existing tax laws that will end tax evasion by individuals and corporate bodies in the country.
8 Jun 2021
The Edo State Governor, Godwin Obaseki has said his government will enact new laws and strengthen existing laws to improve revenue collection, and address tax evasion and other corrupt practices in the system.
14 Apr 2021
Kano State Internal Revenue Service (KIRS) has shut the regional office and four other branches of a new generation bank in the state over alleged tax invasion.
2 Jan 2021
A major avenue for global money laundering and tax evasion has been closed off by a new law requiring disclosure of owners of US shell companies used to hide billions of dollars.
26 Feb 2020
The Tax Appeal Tribunal, Lagos Zone, has ruled as lawful, an assessment in additional tax liability of almost N1.74billion awarded against Prime Plastichem Nigeria Limited (PPNL), by the Federal Inland Revenue Service (FIRS).
11 Dec 2019
The Minister of Finance Budget and Planning Zainab Ahmed and State Minister for Petroleum Resources, Timipre Sylva as well as other stakeholders in the extractive sector in the country
18 Nov 2019
Ekiti State Government has blamed the low Internally Generated Revenue (IGR) of the state on high incidence of tax evasion by citizens.
30 Jul 2019
The Federal Inland Revenue Service (FIRS), has taken the Midwestern Oil and Gas Company Limited to a Federal High Court, Lagos over failure to pay the outstanding tax liability due to the Federal government in the sum of $97,086,985. In an affidavit sworn to by a legal practitioner from the law firm of DAC…
9 Jun 2019
The absence of political will and commitment, to enforce tax laws has placed undue burden on the country’s oil revenue. Also, failure to review tax legislation and lack of strict adherence to tax policy...
7 Jun 2019
A Lagos High Court sitting in Igbosere, yesterday fixed October 10 to resume the trial of Nollywood actress and producer, Monalisa Chinda-Coker, for alleged tax evasion. The state had dragged the actress to court on two-count charge of failure to file annual tax returns and pay income tax in respect of her company, Monalisa Code…
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