Tag: financial institutions, FIRS, tax reform
Tax reform: FIRS launches online portal for financial institutions
The Federal Inland Revenue(FIRS) has launched a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the use of financial...
FIRS/NIPOST tax war:Stamp Duty Account opened by CBN – NIPOST
The Nigerian Postal Service (NIPOST) has described as misleading a publication by the Federal Inland Revenue Service (FIRS) that NIPOST operated an illegal stamp...
NIPOST chairperson’s position on stamp duty, ill advised – FIRS
The Federal Inland Revenue Service(FIRS) have reacted to a purported Tweet by Chairperson of the Nigeria Postal Service(NIPOST) to the effect that the FIRS have...
Why landlords can’t increase rents – FIRS
The Federal Inland Revenue Service (FIRS) has insisted there is no basis for rent increment in relation to the stamp duty payable on tenancy and lease agreement...
Six% Stamp Duty slammed on tenants-FIRS
Tenants now have more burden to bear as a new law has mandated them to pay stamp duties for rent payment? Hence, Federal Inland Revenue Service (FIRS) has...
FIRS gets Senate’s nod for N168.8bn budget
…Confirms appointment of Rahmon as REC, Hassan RMAFC Commissioner The Senate on Wednesday approved the sum of N168,809,476,220 to fund the proposed Personnel,...
FIRS: Making stamp duty the new cash cow
By Muhammad Nami This matter of making the Stamp Duty (and by implication tax revenue) the next black gold has occupied my mind even long before I was appointed...
Stamp duty collection: NPOST, FRIS at war over exclusive right
The Nigerian Postal Service has again tackled the Federal Inland Revenue Service over the exclusive right to Stamp Duty collection. The agencies have been feuding...
Corporate taxpayer’s support for FIRS: MTN leads, others follow
MTN Nigeria has indeed demonstrated that it is a responsible corporate citizen as it has initiated the process of instalment payment of its 2020 Company Income Tax...
The burden of leadership at FIRS
By ABDULLAHI ISMAILA AHMAD If one has not occupied a position of leadership, one would not fully understand the truism of William Shakespeare’s wise words: “uneasy...
