FIRS Archives — Page 3 of 4 — City Business News

August 16, 2021 No Responses

FIRS Files Appeal Against Court Judgment

The Federal Inland Revenue Service (FIRS) has appealed a recent judgment of the Federal High Court in Port Harcourt, Rivers State on the issue of Value Added Tax (VAT)collection. FIRS in a statement issued by its Director, Communications and Liaison...

June 15, 2021 No Responses

PDP Governors Task NNPC, NIMASA, FIRS, Others On Transparency

The PDP Governors’ Forum has advised revenue generating agencies in the country, to be more transparent in their operations as well as in their contributions to the federation account.The forum said this in a communiqué at the end of its...

April 20, 2021 No Responses

FIRS To Revenue Authorities: Embrace e-Solutions

The Federal Inland Revenue Service (FIRS) has advised revenue generating authorities at all levels to embrace automated processes and e-solutions for effective tax administration. The Executive Chairman of the service, Mr Muhammad Nami, gave the advice o...

January 12, 2021 No Responses

FIRS Creates 35 Tax Audit Units

The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial flow. Mr Abdullahi Ahmad, Director, Communications and Liaison Department of the service, made this known in a statement i...

December 19, 2020 No Responses

FIRS Tasks States Revenue Boards On Technology

The Federal Inland Revenue Service (FIRS) has urged states board of internal revenue service to leverage the use of technology to boost tax collection across the country. The Executive Chairman of FIRS, Mr Muhammad Nami, gave the advice at the...

December 5, 2020 No Responses

FIRS Generates N4.17tri In Ten Months

Between January and October, 2020, the Federal Inland Revenue Service (FIRS) generated a total of N4.17trillion. Chairman, FIRS, Muhammad Nami, represented by Mr Ezra Zubairu, Coordinating Director, Enforcement Support Group, ...

July 24, 2020 No Responses

NLC Condemns 6% Stamp Duty On Tenancy, Lease Agreements

The Nigeria Labour Congress (NLC) on Friday condemned six per cent stamp duty fee introduced by the Federal Inland Revenue Service (FIRS) for every tenancy and lease agreement in Nigeria. NLC President, Comrade Ayuba Wabba, in a statement on...

July 21, 2020 No Responses

FIRS Clarifies Stamp Duty Rates

The Federal Inland Revenue Service (FIRS) has published detailed information to guide taxpayers and the general public on rates payable as stamp duty. Director Communications and Liaison Department of the FIRS, in a statement on Tuesday said the clarification ...

July 21, 2020 No Responses

Labour Commends FIRS Over Increase In Revenue Generation

Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has commended the management team of the Federal Inland Revenue Service (FIRS) for considerably boosting Federal Government revenue via stamp duty collection just as it...

July 1, 2020 No Responses

FIRS Generates N66b From Stamp Duty In Five Months

Between January and May, this year, the Federal Inland Revenue Service (FIRS) generated the sum of N66 billion from stamp duty. In a statement on Tuesday, Abdullahi Ahmad, the FIRS Director, Communications and Liaison Department explained that the Executive Ch...