Tax Appeal Tribunal says certain costs and employee remuneration are not deductible
Background Issue 1 Stanbic IBTC Bank Plc (“Stanbic” or the “Bank”) set…
British Petroleum says future of global energy will follow these four trends
In its January Energy Outlook, British Petroleum (BP) highlighted the four trends it believes…
FCT-IRS: No Tax Clearance, No Car Registration, Building Approval
The Acting Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr Haruna…
Tax Appeal Tribunal validates Lagos Revenue Service N24m Tax Assessment levied against firm
The Lagos Zone of the Tax Appeal Tribunal has ordered Contained Energy…
FIRS: MTN, Airtel, Banks Given Power To Withhold VAT
The Federal Inland Revenue Service (FIRS) has designated MTN, Airtel, and money…
ICAN members sue FIRS over tax seal
Some Accountants, yesterday, dragged the Federal Inland Revenue Service, FIRS, before a…
Nwabunka: Small Businesses are Key to Driving the Economy
The Chief Executive Officer and Founder of one of Nigeria’s leading NGO…
Court of Appeal upholds the FIRS’ powers to collect VAT on goods and services consumed in hotels, restaurants and event centres
In 2009, the Lagos State Government enacted the Hotel Occupancy and Restaurant…
Trade expert advises importers, exporters on Customs, trade matters
In a bid to cut down importers’ cost of doing business in…
Tax Obligations: Why FIRS Seeks Improved Service System For Nigerians
Taxes are critical to government spending on social services such as security,…
