Barbara Bako, Abuja. The Executive Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji Ph.D was received by jubilant workers who had assembled to appreciate him for his numerous welfare packages for them. This happened on Thursday at the agency’s headquarters at Sokode Crescent, Wuse Zone 5, Abuja as early as 8 am The…
Barbara Bako, Abuja. In a bid to enhance ease of doing business, the Federal Inland Revenue Service (FIRS), on Wednesday, launched an Unstructured Supplementary Service Data (USSD) Code *829# specifically targeted at improving taxpayers’ satisfaction. FIRS chairman, Zacch Adedeji, launched the code at the Revenue House in Abuja as part of activities making this year’s…
The federal government has approved a new organizational structure for the Federal Inland Revenue Service (FIRS). The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, will unveil the new structure during a two-day strategic management meeting of the FIRS in Abuja. In a statement issued by the special adviser on media to…
Barbara Bako, Abuja Federal Inland Revenue Service, FIRS, has granted taxpayers and businesses full waiver on accumulated penalties and interests for outstanding tax liabilities. The Chairman of the revenue service, Zacch Adedeji, made the decision known in a notice personally signed by him and made available to newsmen through his Special Adviser on Media, Dare…
The Federal Inland Revenue Service, FIRS, has called for synergy between the agency and the Economic Financial Crimes Commission (EFCC) in tracking and reporting local and trans-border financial transactions of companies, multinationals and high-net-worth individuals. Chairman of FIRS, Zacch Adedeji, made the call when he visited the Executive Chairman of the anti-graft agency, Ola Olukoyede,…
Barbara Bako, Abuja. The chairman, Federal Inland Revenue Service, FIRS, Zacch Adedeji, has charged non-domestic companies shipping crude oil from Nigeria to ensure strict compliance with the country’s tax laws in their operations. Adedeji gave the charge in Lagos at a workshop on taxation of non-resident shipping companies organised by FIRS in conjunction with Oil…
FIRS forecloses tax rate increase over proposed 18% tax-to-GDP growth By Barbara Bako, Abuja Acting chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has foreclosed increase in tax rate over it plan to grow the country’s tax-to-GDP ratio. FIRS had hinted at the federal government’s efforts at achieving tax-to-GDP ratio of 18 per…
FIRS to watch firms, Nigerians on tax compliance from Oct. 23 The Federal Inland Revenue Service, FIRS, on Monday said it will begin monitoring of Value-Added Tax (VAT) and Withholding Tax (WHT) on all taxable individuals, commencing on October 23. The FIRS chairman, Zacch Adedeji, in a statement on Monday, said the initiative is designed…
