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  2. FIRS Rakes-in Record N5.5 Trillion In Six Months
FIRS Rakes-in Record N5.5 Trillion In Six Months
  • ReadershipReadership
  • July 20, 2023
FIRS Rakes-in Record N5.5 Trillion In Six Months

The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023. This is the highest tax…

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FIRS Extends Due Date For Filing 2023 Companies Income Tax Returns
  • ReadershipReadership
  • July 11, 2023
FIRS Extends Due Date For Filing 2023 Companies Income Tax Returns

Companies that were unable to file their Companies Income Tax returns for the 2023 year of assessment (YOA) that fell due on the 30th of June 2023 have been given…

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FIRS: Nigeria’s Tax-To-GDP Ratio, 10.86% As Of 2021 
  • ReadershipReadership
  • May 31, 2023
FIRS: Nigeria’s Tax-To-GDP Ratio, 10.86% As Of 2021 

Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was communicated to the Federal Inland…

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Muhammad Nami, Executive Chairman, FIRS Wins ICAN Merit Award
  • ReadershipReadership
  • May 7, 2023
Muhammad Nami, Executive Chairman, FIRS Wins ICAN Merit Award

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami has been named winner of the Institute of Chartered Accountants of Nigeria (ICAN) Merit Award 2023 in its Non-Members…

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Why Nigerians Should Embrace Paying Taxes
  • ReadershipReadership
  • April 18, 2023
Why Nigerians Should Embrace Paying Taxes

By Chukwudi Enekwechi, JP In all societies – both ancient and modern, paying taxes has remained a means through which citizens reciprocate the government’s social services to them. Of course…

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OECD, Nigeria Meet On Maximising Benefits Of Two-Pillar Tax Solution
  • ReadershipReadership
  • April 13, 2023
OECD, Nigeria Meet On Maximising Benefits Of Two-Pillar Tax Solution

A delegation from the Organisation for Economic Co-operation and Development (OECD) met with Nigerian representatives on 4th and 5th April 2023, at a workshop it jointly organised with the Federal…

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Taxes As Key To Nigeria’s Economic And Infrastructural Development
  • ReadershipReadership
  • April 11, 2023
Taxes As Key To Nigeria’s Economic And Infrastructural Development

To begin this discussion, it is imperative that we attempt to understand what taxes are all about. Taxation is defined as the imposition of compulsory levies on individuals or entities…

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Taxation: A Two-way Social Contract
  • ReadershipReadership
  • April 8, 2023
Taxation: A Two-way Social Contract

Dapo Okubanjo It is the norm in every society, for the authorities and the people to have what is loosely referred to as a social contract or an implicit agreement.…

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Tax Administrators Must Match The Pace Of Global Technological Advancements — CATA President
  • ReadershipReadership
  • March 21, 2023
Tax Administrators Must Match The Pace Of Global Technological Advancements — CATA President

Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves with the necessary skills, capacity and character for effective and…

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Taxation: Our Quota To Nation Building
  • ReadershipReadership
  • March 9, 2023
Taxation: Our Quota To Nation Building

Tax is a compulsory contribution to state revenue levied by the government on workers’ income and business profits, or added to the cost of some goods, services, and transactions. But…

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Ogun PDP Candidate Omotunde Ayoade Felicitates Sir Kessington Adebutu At 91, Hails Contributions To National Development
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  • October 23, 2026
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