Tag Archives: FIRS

I’m Aware Of My Enormous Responsibilities To Nigerians—FIRS Boss

The Executive Chairman, Federal Inland Revenue Service, (FIRS)Mr. Muhammad Nami,  has explained  that  he was  aware of the enormous responsibilities he has been saddled with in  his present position, not only  by the Federal Government, but also by  the generality of Nigerians and called  for prayers from all and sundry in order to succeed on this assignment.

Read More »

FIRS Charges VAT On Online Transactions January 2020 —Fowler

The Federal Inland Revenue Service (FIRS) has said that it would start charging Value Added Tax on online transactions, both domestic and international, with effective from January 2020. The Executive Chairman of FIRS, Mr Tunde Fowler, disclosed this at the African Tax Administration Forum Technical Workshop on VAT on Monday in Abuja. Fowler said that a lot of countries in …

Read More »

FIRS Discovers 55,000 Tax Defaulters

The Federal Inland Revenue Service (FIRS) has disclosed that it recently discovered not less than 55,000 tax defaulters from the bank accounts substitution initiative that it embarked upon earlier this year.

Read More »

FIRS Gets N23b Unpaid Tax From Corporate Firms

The Federal Inland Revenue Service (FIRS) has generated over N23billion in unpaid taxes from the recently suspended substitution exercise on corporate bank accounts, marked by the imposition of restriction on the accounts of tax-defaulting organisations. FIRS Chairman, Babatunde Fowler, who spoke in Lagos on Thursday at the Manufacturers Association of Nigeria (MAN) Interactive Forum on Tax Matters as guest speaker, …

Read More »