It is common knowledge that taxation plays a vital role in the economic development of every country whether developed, developing or under developed, and Nigeria is...
The Federal Inland Revenue Service (FIRS) has partnered with the Market Traders Association of Nigeria (MATAN) to collect and remit Value Added Tax (VAT) to the...
By Kelechi Okoronkwo For a long time, more than twelve years, Nigeria wore a “Lowest Tax-to-GDP (Gross Domestic Product) Ratio” in the whole world like a...
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,...
The Federal Inland Revenue Service (FIRS) yesterday signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS) where the two tax authorities...