tax

Benue varisty shut over N2.3bn tax

Benue varisty shut over N2.3bn tax

Benue State Internal Revenue Service, BIRS, has sealed up the Federal University of Agriculture, Makurdi, FUAM, over unremitted N2.3 billion Personal Income Tax, PIT.
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Osun shuts 5 federal agencies over N220m tax

Osun shuts 5 federal agencies over N220m tax

Osun State Internal Revenue Service OSIRS has shut five federal establishments in the state over non-remittance of taxes due to the state government totaling about N220 million.

Taxing religious institutions: Matters arising

Taxing religious institutions: Matters arising

RECENTLY The Pointer Newspaper of Saturday, September 12, 2015 in a story entitled “Religious Institutions to Pay Tax on Investments,” one Barrister Frank Nwugo, a member of the Delta State Board of Internal Revenue cited some sections of the law and thereafter, concluded that churches will henceforth be taxed for investments such as school, vehicles, business outfits, and land acquisition. He added in his last paragraph that, “even Jesus Christ himself paid tax.”

Pandemonium, as fire guts Lagos Internal Revenue Hqrs

Pandemonium, as fire guts Lagos Internal Revenue Hqrs

There was pandemonium on Monday, in the Alausa area of Lagos State, as fire resulting from power surge gutted the Lagos State Internal Revenue Service (LIRS), Headquarters, at the Good Shepherd House, Alausa.

Tax evasion, a cancer, says FIRS chief

Tax evasion, a cancer, says FIRS chief

The Regional Director of Federal Inland Revenue, FIRS, in charge of North Central and FCT, Femi Faniyi, has described tax evasion syndrome in Nigeria as a cancer that has eaten deep into the fabric of the country.