Tax – Page 8 – City Business News

June 30, 2017 No Responses

FG to publish names of tax defaulters

The Federal Government is to publish names of tax defaulters with effect from March 31, 2018. Speaking in Abuja on Thursday during the unveiling of Voluntary Assets and Income Declaration Scheme (VAIDS), Acting President, Yemi Osinbajo explained that VAIDS...

May 22, 2017 No Responses

Dangote Flour unveils new pasta, declares N11.82b profit after tax for 2016

For the year ended December 31, 2016, Dangote Flour Mills Plc has declared profit before tax of N11.82billion The Chairman of Dangote Flour Mills, Asue Ighodalo, while addressing shareholders at the 11th Annual General Meeting in Lagos said “Despite the...

September 23, 2016 No Responses

FIRS targets N5.2b from new taxpayers

The Federal Inland Revenue Service (FIRS) is to generate not less than N5.2 Billion from 10 million new taxpayers in 2017. According to the Executive Chairman of FIRS, Babatunde Fowler, about 700,000 firms that have never paid taxes are to...

September 19, 2016 No Responses

Fowler canvasses autonomy for revenue agencies

To strengthen tax administration and generate more revenue, the Executive Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler has advised African leaders to grant autonomy to their Revenue Authorities. Addressing Chief Executives of African Tax...