Tag: Tax
FIRS to begin nationwide tax compliance monitoring
The Federal Inland Revenue Service (FIRS) would embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT) compliance ...
We’ve recovered N53bn out of N5.2trn debt from MDAs – FG
The federal government on Monday disclosed that it had recovered N53.5 billion out of N5.2 trillion owed by its ministries, ...
FG raked in N1.69tn company tax in 2021 – NBS report
The Federal Government raked in N1.69tn from company income tax in 2021, according to statistics from the National Bureau of ...
I paid the highest individual tax in U.S. history- Elon Musk
Tesla CEO Elon Musk took to Twitter on Sunday to claim the trophy as the highest individual taxpayer in U.S. ...
PwC explains why FG should focus more on economic growth not tax
Chief economist of PricewaterhouseCoopers (PwC), Andrew Nevin has stated that the federal government should focus more on economic growth and ...
Supreme Court delaying resolution of VAT dispute, Wike alleges
Rivers Governor, Nyesom Wike, has accused the Supreme Court of being “lethargic” in resolving the legal dispute on the Value ...
Bandits warn Zamfara villages to pay N24m tax or be attacked
Bandits have issued warning to nine communities in Bukkuyum Local Government Area of Zamfara State to pay a compulsory tax ...
Elon Musk sells another $1bn worth of shares in Tesla to clear tax bill
Billionaire and founder of Tesla Inc., Elon Musk has reportedly sold another 934,090 shares in the electric vehicle manufacturer for ...
Twitter, Facebook, Google, others now to pay tax in Nigeria
The Senate yesterday passed the Finance Bill 2021, transmitted to the National Assembly by President Muhammadu Buhari, on December 7, ...
NYCN applauds FIRS for crackdown on tax defaulters
The National Youth Council of Nigeria (NYCN) has applauded the Federal Inland Revenue Service (FIRS) for boosting tax revenue in ...
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