The group regards the 50% rule as contrary to the principle of natural justice, preventing fair hearing
Month: December 2021
Tax Credit Scheme Yields More Fruits as NNPC Presents ₦612 Billion for Construction of 21 Roads Nationwide
21 roads Nationwide will be constructed using ₦612 billion from NNPC for a return of a tax credit issued by the FIRS.
Contrary to Nigeria’s Acceptance, Fight Broke Out In Ghana Parliament Over Tax on Electronic Transactions
Members of the Ghanaian parliament go physical as the opposition resisted an attempt to pass an unpopular tax on mobile money and electronic financial payments.
FIRS Indicted of Violating Extant Rules, Fraudulent Payment, See Full Allegation
The Office of the Auditor-General is Frowning at how the Federal Revenue Inland Service has appropriated funds for its day-to-day operation.
Facebook Gives Guide on VAT Application
Facebook has issued a step by step procedure on how advertisers can adapt to the 7.5% VAT regime announced recently
See Provisions of Finance Bill 2021 Responsible for Clash Between RMAFC and FIRS
Since its December 7th transmission to the National Assembly by President Buhari, the Finance Bill 2021has been making the rounds, especially with its many novel provisions.
Finance Bill 2021: TIN May be Compulsory for All Bank Account Holders
Amongst other changes, the new Finance Bill 2021 proposes compulsory TIN for all account holders.
What You Should Know About New Finance Bill 2021
The current administration has since 2019 submitted a Finance Bill to the National Assembly as furtherance to its budgetary provision.
FIRS Profers Data Integration To Determine Accurate GDP-to-Tax In Nigeria
To curb the dearth of data necessary for calculating accurate Gross Domestic Product, FIRS reiterates the need for harmonization.