Nigeria is losing about $15 billion annually to tax evasion, Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has said. Fowler spoke yesterday as global tax experts converged on Abuja to find solution to offshore....
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Executive Chairman of the Federal Inland Revenue Service, Tunde Fowler, told Reuters on Wednesday that over 10 indigenous firms have applied to have their taxes halfed in order to help the country bridge its infrastructure deficit.
Fowler said this would initially cause cuts in revenue...
A few weeks ago, a report revealing plans by the Federal Inland Revenue Service (FIRS) to begin charging 5% value-added tax (VAT) on online transactions by early 2020, was published by Premium Times....
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The Federal Inland Revenue Service (FIRS) may, from next year, ask banks to charge customers five per cent Value Added Tax for online purchases when using bank cards, its Chairman, Tunde Fowler, has said.
Mr Fowler, who gave the hint in an exclusive interview with PREMIUM TIMES …
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Despite paying the N330 billion fine imposed on it for its failure to comply with regulatory directives in 2013, MTN Nigeria still has one issue to resolve over the matter, the Federal Inland Revenue Service (FIRS) Chairman, Tunde Fowler, has said.
The South African telecoms firm’s Nigeria …...
Reuters The Federal Inland Revenue Service (FIRS) has written to banks, directing them to lift the lien on tax defaulters’ bank accounts for 30 days. The directive, which takes immediate....
Read more via TODAY.NG – http://bit.ly/2Na4vGi
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KPMG, one of the Big Four auditors in the world, says Nigeria’s Federal Inland Revenue Service (FIRS) has gone draconian by giving fiats to banks to freeze accounts of suspected tax defaulters.
In September 2018, Tunde Fowler, FIRS chairman, said the service was going after 6,772 tax...
Federal Inland Revenue Service (FIRS) has revealed it plans to collaborate with Nigeria Police Force (NPF) and other stakeholders to ensure payment of tax by millionaire defaulters in 2019.
Tunde Fowler, FIRS Executive Chairman, said the Service is going after no fewer than 85,000 millionaires...
The Federal Inland Revenue Service (FIRS) in collaboration with other stakeholders such as the Nigeria Police Force, will continue to go after wealthy tax defaulters in 2019, the Service Executive Chairman, Tunde Fowler, has said.....
Read more via Newtelegraph – http://bit.ly/2SnzGnK
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