FIRS partners Lottery Commission to automate VAT collection
he Federal Inland Revenue Service and the National Lottery Regulatory Commission have started processes to automate the collection of Value Added Tax in the lottery and gaming businesses in Nigeria.
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FIRS to charge VAT on lottery, betting, automate collection - Vanguard NewsThe Federal Government yesterday announced plans to charge Value Added Tax VAT, on lottery and gaming activities and automate collection from operators in the Lottery sector.
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FG commences process to collect tax from gaming businesses, lottery - Daily Post NigeriaThe Federal Inland Revenue Service (FIRS) and the National Lottery Regulatory Commission (NLRC) have commenced process to automate the collection of Value
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FIRS Targets N750bn from 55,000 Millionaire Tax Defaulters - THISDAYLIVESays VAT not targeted at poor Nigerians James Emejo in Abuja The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, Tuesday said the agency was targeting about N750 billion revenue from about 55,000 defaulting taxpayers. He told the House of Representatives joint committees on Finance, Appropriations, Aids, Loans and Debt Management, Legislative Budget and Research …
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How FIRS plans to realise its revenue target -- FowlerFIRS hopes to recover about N750bn from about 55,000 defaulting millionaire taxpayers.
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FIRS targets N750bn from 55,000 millionaire tax defaulters by June – Daily TrustThe Federal Inland Revenue Service (FIRS) has said it is targeting N750 billion from about 55,000 defaulting taxpayers before the end of the first half of 2019. The service also said it was broadening its VAT collection scope with the adoption of state Accountants General (SAG) collection platform, VAT Auto-Collect, integration of the GIFMIS platform …
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FIRS reiterate call on eligible citizens to pay tax – Daily TrustBabatunde Fowler, Executive Chairman, Federal Inland Revenue Service (FIRS) has reiterated call on eligible citizens to ensure adequate payment of tax to government for enhanced revenue generation. Fowler gave the advice during the 6th Edition of the Nigerian Youth Leadership Summit themed ‘Mentoring and Building Leadership Capacity for Good Governance’ on Thursday in Abuja.ADVERTISEMENT Represented …
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Tax evasion: Court orders sale of properties to settle N35.9m tax debts – Daily TrustThe Federal High Court, Abuja has ordered for sale two landed properties belonging to two tax evaders including Zaibadari Company Limited and Tradecraft Nigeria Limited to defray N35.9 million tax debts. The court granted the sale order following prayers by the Federal Inland Revenue Service, FIRS to allow it sell the landed properties of the …
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Shell pays $6.4bn as production entitlement, tax to govt, NNPC, others - Vanguard News NigeriaShell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), have paid Nigerian National Petroleum Corporation, NNPC, Federal Inland Revenue Service, FIRS, Department of Petroleum Resources and others $6.397 billion as production entitlement and tax in 2018.
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FIRS to charge VAT on lottery, betting, automate collection - Vanguard NewsThe Federal Government yesterday announced plans to charge Value Added Tax VAT, on lottery and gaming activities and automate collection from operators in the Lottery sector.
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