firs

  1. FIRS to Impose Stiff Penalties for Tax Non-Compliance

    Nigeria FIRS to Impose Stiff Penalties for Tax Non-Compliance

    The Digest: The newly enacted Nigeria Tax Administration Act, 2025, introduces penalties for individuals and companies failing to meet tax obligations, including undocumented transactions and unreported office address changes. The updated law will take effect in January 2026. The Digest...
  2. IMF Commends FIRS's "Significant Progress" in Tax Reforms

    Nigeria IMF Commends FIRS's "Significant Progress" in Tax Reforms

    The Digest: The International Monetary Fund (IMF) has lauded the Federal Inland Revenue Service (FIRS) for achieving "significant progress" in its ongoing reforms and core duties. Speaking at the opening of an IMF-supported mission in Abuja, Paulo Paz, a Senior Economist at the IMF's Fiscal...
  3. Tax Collector, Heal Thyself: FIRS Office Sealed Over 25-Year Rent Debt

    Nigeria Tax Collector, Heal Thyself: FIRS Office Sealed Over 25-Year Rent Debt

    The Federal Capital Territory Administration (FCTA) has sealed off the Federal Inland Revenue Service (FIRS) office in Abuja over a shocking 25-year backlog of unpaid ground rent. FCTA’s Development Control Department acted on Monday morning. The FIRS office in Zone 5, Abuja, was sealed, and...
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