Controversy trails CBN’s cybersecurity levy on electronic transactions
Controversy has trailed the introduction of the 0.5 per cent cybercrime levy on all electronic transactions with Nigerian Association of Chambers of Commerce
New Tax Tribunal Rules: Own goal by Finance Minister [OPINION]
Perhaps more than any other time in her history, Nigeria needs non-oil revenues. With the prices of oil, her major resource and revenue earner, flagging since around 2014, the country’s need to look in other directions has assumed greater significance.
FIRS boss: Only 41 million people pay tax in Nigeria
Muhammad Nami, the Chairman of the Federal Inland Revenue Service (FIRS), has said that only 41 million pay taxes in Nigeria out of the over 200 million population in the country
FIRS freezes MultiChoice’s accounts, appoints banks to recover N1.8trn tax liabilities
The Federal Inland Revenue Service, FIRS, has appointed Nigerian Deposit Money Banks as agents to freeze and recover the N1.8 trillion from accounts of MultiChoice Nigeria Limited (MCN) and MultiChoice Africa (MCA).
Internal Revenue Service Chairman urges citizens to pay tax
The Executive Chairman, Nasarawa State Internal Revenue Service (NSIRS), Alhaji Ahmed Yakubu, has urged the people of the state to pay their taxes, to enable government to provide more dividends of democracy. Yakubu made the call on Wednesday, while speaking with newsmen in Lafia. He said that doing so would also ensure speedy development of […]
CITN decries corruption in tax administration in Nigeria
The Charted Institute of Taxation of Nigeria, CITN, has attributed the low tax culture among taxable adults and businesses in Nigeria to lack of accountability and transparency in the expenditure of tax money by tiers of government.
