“The nationwide audit would ensure increased tax revenue collection, improve service delivery to taxpayers and enhance voluntary compliance.” Omodele Adigun With N12.66 billion in the kitty of the Federal Inland Revenue Service (FIRS) as tax receipts in less than a month after it commenced its substitution programme, its Executive Chairman, Mr Babatunde Fowler, has pledged to fashion […]
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Babatunde Fowler
FIRS to amend controversial insurance law
The Federal Inland Revenue Service (FIRS) has proposed to the National Assembly to amend Section 16 of the Companies Income Tax Act (CITA) to allow a level-playing field to insurers, its Chairman, Babatunde Fowler, has said. Fowler, represented by FIRS Regional Coordinator, Mrs Toluwalase Akpomedaye, spoke at a seminar on, “Taxation matters in insurance valueRead More …
FIRS: 6,772 corporate bank accounts to be frozen for tax default
Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), says 6,772 corporate bank accounts will be frozen for defaulting on tax payments. In a statement released on Sunday, The post FIRS: 6,772 corporate bank accounts to be frozen for tax default appeared first on TheCable.
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FIRS rakes in N13bn from billionaire tax debtors
Less than a month after it commenced substitution of accounts of recalcitrant billionaire taxpayers, the Federal Inland Revenue Service (FIRS) has collected over N12.66 billion in tax revenue. READ ALSO: FIRS to commence audit of taxpayers nationwide – Fowler The Executive Chairman, FIRS, Tunde Fowler, disclosed this at the weekend when he received the new Minister […]
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