Grant Thornton, the fifth largest organization of accounting firms in Africa, with representation in 24 countries on the continent, has concluded this year’s regional meeting for their clients in Nigeria. Mr. Peter Orizu, Executive Manager, Grant Thornton, said the event has enabled clients in Nigeria to meet and interact with some global leaders of Grant […]
The Federal Inland Revenue Service (FIRS), yesterday in Lagos sealed off the premises of two companies for their failure to pay taxes. The Assistant Manager (Legal), FIRS, Ruth Mandeun, who led the FIRS enforcement team, sealed Giandan Nigeria Limited situated in Lagos over tax debts totaling N47.779 million and also sealed Justeen International Limited over
FIRS seals two firms over N72.558 million tax debt Read More »
Iyalode Alaba Lawson, National president, National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), left; Cyriacus Ekechi, a Director of the Federal Inland Revenue Service (FIRS) and former VP, NACCIMA, at the tax conference organised by NACCIMA in Lagos…yesterday Financial experts have lamented the country’s tax to GDP ratio, describing it as one of
‘Nigeria’s tax: GDP ratio remains one of the poorest in Africa’ Read More »
Tunde Fowler Chairman of the Joint Tax Board (JTB), Mr. Tunde Fowler, yesterday, called on state governors to empower State Internal Revenue Services (SIRS) by making them autonomous. Fowler made the call at the 137th Meeting of the JTB in Ilorin.This was disclosed in a statement signed by Wahab Gbadamosi, FIRS Director of Communications and
Fowler tells governors to give state tax authorities autonomy Read More »
Babatunde Fowler, FIRS Boss Federal Inland Revenue Service boss Babatunde Fowler spoke, in an interview, on tax issues, especially the Voluntary Assets and Income Declaration Scheme (VAIDS). Paula Eseghene reports. The grace period for tax defaulters is end of this month. What follows the deadline? What follows the deadline is that we shall follow the
The Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB) and the Small and Medium Enterprises Development Agency (SMEDAN) have sensitised Business Membership Organisations (BMOs) on tax payment and their rights as taxpayers, in a move aimed at stimulating the economy. The Executive Chairman of FIRS and Chairman, JTB, Tunde Fowler, said the Micro, Small and
Four four-star hotels in Lagos, Delta and Rivers states were among a group of 19 companies across Nigeria sealed by the Federal Inland Revenue (FIRS) over non-remittance of tax. The FIRS noted that the companies which range from hospitality outfits to oil and gas companies and manufacturing companies were sealed over their failure to fulfil
FIRS Seals Four Hotels, 15 Other Companies Over N5.7bn Tax Debts Read More »
The Federal Inland Revenue Service (FIRS) has lamented the lack of focus on issues of taxation by financial reporters in the country. The agency stated this at the commencement of a two-day training in Abuja for journalists on tax reporting, saying that it aimed at equipping them with relevant skills on accurate reporting of tax
FIRS Trains Journalists On Accurate Tax Reporting Read More »
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have agreed their to track both individuals and organisations who refuse to pay the right taxes. The partnership will beam searchlights on defaulting taxpayers who also refused to rely on the Federal Government’s tax amnesty programme: Voluntary Assets and Income Declaration
FIRS, EFCC partner to track tax defaulters as VAIDS ends Read More »
The Corporate Affairs Commission (CAC) has opened a portal for people to search company or business name before registration. Acting Register-General of CAC Azuka Azinge revealed this on Wednesday in Lagos at the Quarterly Stakeholders’ Forum of the Commission. According to Azinge, the move is to make registration of businesses easier, revealing that businesses can now
CAC Opens Name Search Portal For Business Registration Read More »
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