Tag: FIRS
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Just In: FGN rakes in N8.6trn from FIRS, Customs in 2021
The federal government of Nigeria (FGN) has taken-in the sum of N8.6trn as taxes for the year 2021. As sighted by Earthnews, data released by the Nigeria Customs Service (NCS) and the Federal Inland Revenue Service (FIRS) disclosed that both agencies generated N2.2 trillion and N6.4 trillion respectively. The Executive Chairman, FIRS, Muhammad Nami, gave…
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MultiChoice Africa Rejects Tax Tribunal Ruling, Seeks Appeal
MultiChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has rejected Tuesday’s ruling of the Tax Appeal Tribunal (TAT), which dismissed its appeal against the $342million Value Added Tax (VAT) bill slapped on it by the Federal Inland Revenue Service (FIRS). The firm, made its position known in a statement released on Wednesday evening,…
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Tax Evasion: Multichoice Nigeria To Pay 50 Percent of N1.8tn
A tax appeal tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria Limited to pay 50 percent of N1.8 trillion to the Federal Inland Revenue Service (FIRS) over alleged tax evasion. Abdullahi Ismaila Ahmad, FIRS spokesperson, made this known in a statement presented on Wednesday. “TAT upheld the FIRS submission and directed Multichoice Nigeria…
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FIRS, SystemSpecs Join Hands To Ease Tax Remittances
SystemSpecs has collaborated with the Federal Inland Revenue Service (FIRS) to strengthen tax administration through its Remita Payment Gateway which powers payments on TaxPro-Max, a solution newly introduced for filing tax returns. The company in a statement said the Remita Payment Gateway platform for private sector and government payments, has been integrated with the FIRS’s…