Tag: TAX
Don’t drag us into MTN issue – FIRS, Customs say
The Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have indicated that they would rather not get involved in the Federal...
Nigerian jailed 15 years in US for massive tax fraud
A Nigerian man who masterminded a conspiracy to obtain millions in refunds from the Internal Revenue Service has been sentenced in Oregon to 15...
Forgery: FG orders authentication of company’s tax clearance certificates before payment
The Federal Government has mandated all ministries, departments and agencies (MDAs) of government and the Federal Inland Revenue Service (FIRS) to authenticate all tax...
Ronaldo gets two-year prison sentence
Cristiano Ronaldo has been handed a two-year prison sentence and ordered to pay €18.8million to the Spanish Treasury after failing to comply with tax...
Nigerians react to new excise duties on alcohol, tobacco
Some Nigerians on Monday reacted to the new excise duties imposed by the Federal Government that consumers would pay more for alcoholic beverages they...
Lagos IGR hits N103.4billion in first quarter 2018
The Lagos State Government on Tuesday said its internally generated revenue for the first quarter of Y2018 stood at N103.476billion, as against N96.7billion recorded...
Buhari extends VAIDS deadline to June 30
President Muhammadu Buhari has approved the extension of the Voluntary Assets and Income Declaration Scheme (VAIDS) to June 30.
The approval for the extension of...
Sokoto to repeal obsolete laws as IGR jumps by 98%
Governor Aminu Tambuwal has said his administration has begun a process of repealing obsolete laws hampering against effective revenue generation in Sokoto State.
To this end,...
We’re ready for dialogue over land use charge – Ambode
Governor Akinwunmi Ambode of Lagos State on Tuesday said his administration was ready to dialogue over the revised Land Use Charge Law which has...
VAIDS: FG to name, shame, prosecute tax evaders from March 31...
The Federal Government is ready to prosecute, name and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and...