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Tax
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New Australia, EU rules set to force companies to publish global tax data
Australian lawmakers will soon vote on legislation intended to clamp down on tax avoidance. Tough new Australian and…
FIRS, LIRS issue public notice on joint tax audit, investigation
The Federal Inland Revenue Service (FIRS) and the Lagos Internal Revenue Service (LIRS), yesterday, issued a public notice…
FIRS says Nigeria’s tax-to-GDP ratio jumped to 10.86% in 2021
The Federal Inland Revenue Service (FIRS) says Nigeria’s tax-to-GDP ratio rose from six per cent to 10.86 per…
Tax evasion: House C’ttee indicts 30 oil coys, FIRS chair
The report of the House of Representatives ad hoc Committee investigating the Structure and Accountability of Joint Venture…
Nigeria renews call for fair international tax practices
Nigeria has again called on the United Nations (UN) and the international tax community to forge an inclusive,…
NCDMB, FIRS offer tax incentives for oil industry R&D investments
Oil and gas companies desirous to reduce their tax burden and grow profitability are advised to consider increasing…
FIRS, UK Revenue and Customs sign agreement on capacity building
Nigeria’s Federal Inland Revenue Service (FIRS), and the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC), have…
Shell paid $986m tax, royalties in 2021
. Reaffirms strong ties with Nigeria By Clara Nwachukwu Shell Companies in Nigeria (SCiN) said it paid about$986…
FIRS signs tax harmonisation agreement with LIRS
The Federal Inland Revenue Service (FIRS), yesterday, signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue…
UK cuts tariffs on Nigerian exports
The UK Government on Wednesday said it has cut tariffs and extended duty free trade in goods exported…