tax

The Federal Territory Internal Revenue (FCT-IRS) has come out to say that it has the capacity to raise a steady annual tax income of N300b to N400b when there is improved tax filing compliance by Abuja residents. The Service said with…

The Director-General of the National Orientation Agency (NOA), Dr Garba Abari has disclosed that the agency would soon embark on a social media campaign to enlighten Nigerians on the importance of tax to the government. Dr Abari made…

The Cross River State government has announced COVID-19 tax palliatives for individual taxpayers and businesses in the state, approved by the Governor, Sen (Prof) Ben Ayade. The state government said this regime of Tax incentives has…

Taxpayers in Gombe State can now heave a sigh of relief as the State Internal Revenue Service (IRS) has outlined a series of tax concessions and palliatives for them in response to the negative impact of the COVID-19 pandemic which has led…

Europe’s second-highest court on Wednesday rejected an EU order for Apple to pay 13 billion Euros (15 billion dollars) in Irish back taxes, dealing a blow to the bloc’s attempts to crack down on sweetheart tax deals. In its order four…

Delta State Government is to introduce property tax in urban areas of the state as part of measures to improve its internally generated revenue. The approval for the new tax was reached at the seventh virtual Executive Council (EXCO)…

Chairman, Federal Inland Revenue Service (FIRS), Mr Muhammad Nami on Tuesday alerted tax administrators to potential dangers that new technological innovations pose to the effective collection of taxes. At the start of a 3-day capacity…

The Former Chartered Institute of Bankers of Nigeria (CIBN), Prof Segun Ajibola has disclosed that the two evils bedevilling the tax system in Nigeria are price instability and unemployment. Ajibola noted that the country would get it…

An audit firm, KPMG, has promised to support members of the Society of Women in Taxation (SWIT) to succeed in their chosen careers and tax practice. Mr Wole Obayomi, Partner and Lead Tax, Regulatory and Service in KPMG, made the pledge…

The Araba of Osogbo, Chief Ifayemi Elebuibon, on Tuesday in Osogbo, Osun State capital urged government at all levels not cause hardship for the masses in the quest to increase revenue generation through taxation. He said though payment…