Governments at all levels have been urged to block all channels of tax leakages including avoidance, evasion, and corruption, through strict enforcement of tax laws. A Development Consultant Kolawole Banwo made the call at a meeting on the ‘Tax Justice and Breaking Barrier Project of ActionAid Nigeria organized by Rural Women and Youth Development in […]
Tax: ‘FG, states should block all channels of leakages’ Read More »
The Federal Inland Service (FIRS) has suspended the accounts owned by Obasanjo Farms, Iyiola Omisore and Davido Music Worldwide Ltd. Latest Nigeria News understands that the “bond” is a right to maintain possession of a property (accounts) that belongs to another person until a debt of that person is released. Remember that Babatunde Fowler, executive
FIRS names top firms owing taxes as Obasanjo, Davido makes list Read More »
The Peoples Democratic Party on Monday urged the National Assembly to investigate the handling of taxes collected by the Federal Inland Revenue Service in the last four years. The opposition party said this in light of the leaked correspondence to the FIRS boss, Babatunde Fowler by President Muhammadu Buhari’s Chief of Staff, Abba Kyari. In
Investigate tax collection by FIRS, PDP urges NASS Read More »
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, yesterday said the nation’s tax cash grew from N12, 190.52trillion between 2012 and 2014 to N16, 771.78 trillion from 2016 to 2018. He said the growth represented an increase of 37. 58 per cent. He also insisted that he had grown the
FIRS boss Fowler blames economy for low tax cash Read More »
Summary On 19 July 2019, the Organisation for Economic Cooperation and Development (OECD) released its report on harmful tax practices across various jurisdictions. The report indicates that Mauritius which had previously been identified as a jurisdiction with harmful tax practices no longer has such harmful tax practices. Specifically, the Mauritian “Partial Tax Exemption Regime”, which
OECD Declares Mauritius Partial Tax Exemption Regime As Not Harmful Read More »
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