The incidence of multiple taxes, which have crippled operations of many listed firms in Nigeria, has spawned fresh criticisms, as capital market experts at the weekend, urged the incoming administration to abolish such investment obstacle. The experts, who canvassed a downward review of the withholding tax charged on dividend paid by quoted firms, also condemned …
How multiple taxes cripple listed companies’ operations Read More »
The Federal Inland Revenue Service (FIRS) on Friday, 15 February 2019, instructed banks to suspend lien placed on the bank accounts of some taxpayers. In a letter issued to all banks, FIRS noted that the suspension takes immediate effect and would last for a period of 30 days. FIRS also noted that the suspension was …
FIRS SUSPENDS LIEN ON BANK ACCOUNTS OF TAXPAYERS Read More »
The Federal Government has flagged-off its roads for tax-refund initiative with Dangote Construction handling a 16-kilometre Ofeme Community road network in Ohuhu in Umuahia North local Government, Abia State. The community road project which is expected to be delivered under the FG’s Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme enables private sector like …
Federal government kicks off road for tax refund projects Read More »
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