tax

Evidence of tax payment will be a condition for operating a bank account from January, according to the Financial bill passed by the National Assembly. The Bill, submitted to the lawmakers with Budget 2020 by President Muhammadu Buhari,…

The Committee for the Protection of Peoples Mandate (CPPM), an activist group, has demanded that the Federal Inland Revenue Service (FIRS) produce tax receipts belonging to Atiku Abubakar, presidential candidate of the Peoples…

South African media personality and radio host, Bonang Matheba on Wednesday, November 14th made an appearance in the Johannesburg Specialised Commercial Crimes court over alleged tax fraud. According to reports by South Africa’s…

The Federal Government of Nigeria under the leadership of President Muhammadu Buhari, has mandated all Nigerians with foreign assets to pay tax on those assets or face prosecution. In a statement posted on social media by Garba Shehu,…

The World Health Organisation has called on all its member states including Nigeria, to increase taxes on cigarettes to discourage people from tobacco consumption. Also, the Edo State Governor, Mr. Godwin Obaseki, has called for synergy…

Officials of the Osun State Internal Revenue Service on Wednesday stormed the Obafemi Awolowo University, Ile-Ife and sealed the main gate and the administrative block over a tax debt of N1.8 billion. It was gathered the…

The Organised Private Sector (OPS) yesterday told the Lagos State Government that the reduction of the land use charge by 50 per cent would not ameliorate the over 500 per cent increase in the new…

Lagos State Governor Akinwunmi Ambode has expounded upon the increment of Land Use Charge across the state. Speaking at the Lagos Means Business event, the governor said the state’s Land Use Charge was promulgated in 2002,…

The Federal Government has extended its searchlight on tax evaders with net-worth properties in highbrow areas of major cities. The Federal Government on July 1, 2017 granted tax payers a nine-month grace to regularise their tax status…

Saudi Arabia and the United Arab Emirates, which have long lured foreign workers with the promise of a tax-free lifestyle, plan to impose a 5 percent tax next year on most goods and services to boost revenue after oil prices collapsed…

- LASG has directed revenue agencies to commence enforcement of payment by all tax defaulters - Commissioner for information Mr. Steve Ayorinde made the development known in a statement - The government lamented on failure of…

The Executive Chairman of the Federal Inland Revenue Service (FIRS) on Monday said Nigerians will soon pay Value Added Tax (VAT) before obtaining their passports. Mr Tunde Fowler said this at the 136th meeting of the Joint Tax Board in…