Tag: TAX
Lagos urges hoteliers, event centres to embrace new tax payment system
Lagos State Government on Thursday launched a new regulation for the fiscalization of the Hotel Occupancy and Restaurant Consumption Tax Law, with a charge...
Court seals Michael Okpara varsity over tax default
The Michael Okpara University of Agriculture, Umudike in Abia, was on Tuesday sealed, following an order of an Umuahia High Court for failure to...
Ambode directs payment of taxes, levies through banks from March 1
Gov. Akinwunmi Ambode of Lagos State on Monday directed that all taxes and levies due to the state government should now be paid through...
LIRS to commence automated collection of consumption tax from hotels, restaurants,...
In line with global best practice in the use of technology and automated solutions, the Lagos Internal Revenue Service (LIRS) has introduced an Electronic...
FG obtains data on overseas bank accounts, property owned by Nigerians
The Federal Government of Nigeria and some foreign countries, including the United Kingdom, have commenced the Automatic Exchange of Tax Information (AETI), particularly on...
Tax revenue collection hits N4trn in 2017- Fowler
Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, on Monday said that the agency achieved N4 trillion as tax revenue collection in...
Tax evasion: Davido, others to lose Lagos deals
The Lagos State Government is set to blacklist Davido and other celebrities accused of tax evasion, Qed.ng has learned.
This is coming as the Rapid...
N100bn revenue shortfall: FG orders contractors to show TIN before payment
The Federal Government has ordered vendors of Ministries, Departments and Agencies (MDAs) to display their Tax Identification Numbers (TINs) on their invoices before payments...
Falz served tax papers by LIRS
Nigerian rapper, actor and comedian, Folarin Falana, better known as Falz, on Tuesday revealed that he received a letter from the Lagos State Internal...
VAIDS: FG has recruited 2,190 tax officers – Adeosun
The Federal Government has recruited and trained 2,190 Community Tax Liaison Officers (CTLOs) under the Voluntary Assets and Income Declaration Scheme (VAIDS), Minister of...