21 roads Nationwide will be constructed using ₦612 billion from NNPC for a return of a tax credit issued by the FIRS.
Category: Company Income Tax
FG Loses ₦5.16tn to Different Tax Reliefs in 2020
The loss on these reliefs are from Value Added Tax, Corporate Income Tax, and Petroleum Profit Tax
FIRS Talks Tough on Defaulters of Company Income Tax, Issues Deadline of November 30th, 2021.
Pay CIT as at when due or Risk penalties for Late Filing-FIRS
Cement, Telecommunications, Banking Industries Produces Highest Corporate Income Tax in 2020
Dangote Cement, MTN, GTBank, Pay Highest Income Tax in 2020
Lagos Revenue Drive: Clamps Down on 16 Hospitality Firms Over Tax Liability from 2013
The Lagos State Internal Revenue Service decided to seal off Chinese firms and others for not remitting tax liability despite the extended submission deadline.
“This is insanity taken too far”- Civil Rights Advocacy Group Blasts FIRS Over Newly Imposed ₦70m CIT
Recent demand by the Federal Inland Revenue Service for the Human Rights Writers Association of Nigeria to remit the sum of ₦70 million is not sitting down well with the advocacy group
First Quarter 2021 Review: CIT continues impressive run from last year
First Quarter 2021 Review: CIT continues impressive run from last year
2020 in Review: Bumper Harvest for Dangote Cement, Tax Administration
The tax administration is expected to rake in a whopping ₦97b as corporate tax from Dangote Cement
Exposed! 52,005 Companies with Turnover Between ₦100m and ₦1bn are not Paying Taxes to the Federal Government
FIRS reports massive tax evasion, recovers ₦83.216bn
Dwindling Resources: Oil and Gas Companies Income Tax Falls by ₦4.94bn
Last year, the collapse in oil prices and demand on the back of the COVID-19 pandemic hit most oil and gas operators, with capital expenditures slashed and projects suspended.