A source at the presidency has disclosed that there is no provision in the 2022 Finance Bill before the National Assembly that requires Nigerians to have a tax identification number

The decision of the Federal Government to extend its tax net to Civil Society Organisations (CSOs) in the country has attracted the bashing of some of the concerned organisations.

Mr Temitayo Orebajo, Director, Tax Policy and Advisory Department, Federal Inland Revenue Service (FIRS) says all Civil Society Organisations (CSOs) are expected to register

The Federal Inland Revenue Service (FIRS) is currently implementing small businesses -friendly tax policy that temporarily exempts operators with an annual turnover of N25 million and below from charging Valued Added Tax while deploying technology to ensure continued quality service delivery to taxpayers across every segment of the economy. FIRS performance showed that tax revenue…

Tax authorities and other critical stakeholders have said there is an urgent need to address some key issues in the Finance Act, as well as improve the tax system if the government

The Nigerian Labour Congress (NLC) and Action Aid Nigeria have opposed Federal Government’s policy that effective from January 2020, Nigerians must produce their Tax Identification Numbers (TIN)

The Federal Inland Revenue Service (FIRS) has said it generated N3.5 trillion for Federal Government between the months of January and September 2018.   The Executive Chairman, FIRS, Tunde Fowler, who disclosed this in Lagos, during a stakeholders meeting, said the amount generated was N1trillion higher than the revenue it recorded in the corresponding period…

For the first place, this government does not have a National Economic Management Team, because of its warped view that the fight against corruption is the best ...