Tax Matters

Tax Matters

FIRS Advocates Taxation in Curriculum

January 2012 Economic Confidential

Mrs. Ifueko Omoigui Okauru, the executive chairman, Federal Inland Revenue Service (FIRS) has appealed to the Federal Ministry of Education to fast track the entrenchment of taxation in the nation’s education curriculum.

Hoteliers Arrested Over Tax Evasion

December 2011 Economic Confidential

The Federal Inland Revenue Services has arrested Chief Executive Officers (CEOs) of some hotels operating within the Federal Capital Territory for evading taxes. The arrest of the hoteliers was carried out by a combined team of FIRS enforcement staffs and Mobile Policemen.

The Economic Confidential gathered that the FIRS had issued several warning letter this year to the affected hotels to file in their financial records for assessment, or register for tax remittance, most of them according to findings, did not comply with the directive.

How Removal Of Fuel Subsidy Will Help The Economy

November 2011 Economic Confidential

……FIRS says it didn’t disagree with FG on subsidy
The attention of the Federal Inland Revenue Service has been drawn to news stories reported in several newspapers today, Monday 31st October 2011, stating that the agency is in disagreement with the Federal Government on the planned removal of oil...

West Africa Tax Administrators to Collaborate on Data, tax Treaties

October 2011 Economic Confidential

-----to partner with ECOWAS

An inaugural meeting of Heads of West Africa Tax Administrators Forum (WATAF) ended on Monday 12, September with a resolve to collaborate and share information that would improve quality of tax administration among member states.

A communique issued at the end of the mee...

IRS: Again Tax agency revives Advocacy Campaign

October 2011 Labaran Saleh

The Federal Inland Revenue Service (FIRS) has revived it information machinery with regular media invitation and press releases issued on various positive development on tax administration in the country.

The current in creating public awareness on tax matters is remiscience of the period when one Wahab Gbadamosi was Media consultant in the agency.

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