In a significant move to modernise its tax framework, Nigeria has introduced the Deduction of Tax at Source (Withholding Tax Regulation 2024), which took effect at the beginning of 2025. Speaking ...

The Federal Inland Revenue Service (FIRS) has set a bold revenue target of ₦25.2 trillion for 2025, following a ...

The Federal Inland Revenue Service (FIRS) has announced the commencement of the implementation of the withholding tax system.

“Members agreed that there should be no increase in the VAT rate or reduction in Corporate Income Tax ... the Federal Inland Revenue Service (FIRS) and replace it with the Nigeria Revenue ...

The sum, due and payable to the Federal Republic of Nigeria ... Inland Revenue Service (FIRS) Establishment Act. The charges against Seplat Petroleum and the 12 individuals have drawn attention to the ...

President-elect Trump's plan to establish the "External Revenue Service" is garnering attention from key economic experts, including Manisha Singh. During an exclusive interview with FOX Business ...

Ted Cruz, R-Texas, reintroduced the No Tax on Tips Act, a bipartisan bill he first pushed last year that aims to exempt tips made by service workers from federal income taxation. The text of the ...

The Excise Department in early December last year made a written request to the Inland Revenue Department to issue the tax clearance certificates ... paying their due income taxes on time.

The National Assembly Joint Committee on Finance on Wednesday commended the Federal Inland Revenue Service (FIRS ... generates revenue from tax collections far above that of Nigeria. He said the South ...

Kogi State Governor, Alhaji Usman Ododo has directed the immediate stoppage and reversal of Tax Clearance Certificates ... of Kogi State Internal Revenue Service (KGIRS), Alhaji Sule Enehe ...