tax

FCT-IRS to enforce withholding tax on rent —acting chairman

Mr Haruna Abdullahi, Acting Chief Executive of the Federal Capital Territory Internal Revenue Service (FCT–IRS), has stated that plans are…

4 years ago

President Buhari reiterates commitment to improved tax administration

President Muhammadu Buhari has expressed the Nigerian government’s commitment to an efficient tax administration in order to improve tax revenue…

4 years ago

FIRS offers concession to taxpayers with foreign currency tax liabilities

The Federal Inland Revenue Service (FIRS) has granted taxpayers with outstanding foreign currency tax liabilities a one-month window to settle…

4 years ago

Company Income Tax declined by N124bn in Q4, 2021 —NBS

Company Income Tax (CIT) recorded N124.71 billion decline from N472.52 billion in quarter three, 2021 to N347.81 billion in quarter…

4 years ago

Gombe Internal Revenue Service seals Access Bank over N118m tax default

The Gombe State Internal Revenue Service has sealed Access Bank in the state for tax debts of over I18 million…

4 years ago

LIRS sets Jan. 31 as deadline for employers to file annual tax returns

The Lagos State Internal Revenue Service (LIRS) has reminded its valued taxpayers, businesses, and employers of labour that they are…

4 years ago

FCT-IRS commences aggressive tax drive

The Federal Capital Territory Internal Revenue Service (FCT-IRS) on Tuesday commenced an aggressive campaign to inculcate tax-payment culture in both…

4 years ago

Nigeria charges 10% tax on share sales

Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares…

4 years ago

Nigerian private sector kicks over new beverages tax

Nigerian organised private sector has frowned at the newly introduced excise duty of N10/litre on non-alcoholic, carbonated and sweetened beverages,…

4 years ago

Nigeria introduces 6% tax on international e-commerce

As part of efforts to address its revenue challenge, the Nigerian government has decided to charge a 6% tax on…

4 years ago

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