Tax

Sanwo-Olu, Zulum, others seek transparent tax system to boost revenue

Lagos State Governor Babajide Sanwo-Olu and his counterparts from Sokoto and Borno States, Babagana Zulum and Ahmad Aliyu Sokoto, respectively,…

15 hours ago

FCT-IRS seals school, hotel, others in Abuja over tax evasion

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sealed a school, Regency Hotels, and three business premises in Abuja…

1 week ago

FIRS chair tasks African tax administrators on local solutions

The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has urged African tax administrators to look inward for…

1 week ago

FG, Bill Gates mull digital platform for tax collection

Microsoft Founder and Philanthropist, Bill Gates, says he is working with the Federal Government on a one-identity technological platform to…

3 weeks ago

Tinubu orders single-digit tax system in Nigeria

President Bola Tinubu has given a directive for a single-digit tax system in Nigeria. The Chairman of the Federal Inland…

2 months ago

Nigeria records N1.20trn VAT in Q4 2023

The National Bureau of Statistics (NBS) says the aggregate Value Added Tax (VAT) stood at N1.20 trillion in Q4 2023.…

2 months ago

Reps summon Binance CEO over terrorism financing, tax evasion

The House of Representatives Committee on Financial Crimes has summoned the Chief Executive Officer (CEO) of Binance Holding Limited, Richard…

2 months ago

Biden’s son indicted on tax evasion charges in U.S.

Hunter Biden, the son of United States President, Joe Biden, was on Thursday night indicted on multiple counts of tax…

5 months ago

Relief as FIRS waives penalties, interests on outstanding taxes

The Federal Inland Revenue Service (FIRS) has granted taxpayers and businesses full waiver on accumulated penalties and interests for outstanding…

6 months ago

LIRS shuts 34 companies over tax evasion

The Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organisations for failing to remit personal income taxes…

7 months ago

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