Tax updates across Africa, simplified
The Federal Inland Revenue Service (FIRS) has issued a stern directive to banks, discount houses, stockbrokers, bond issuers, market makers, and government agencies, mandating strict compliance with withholding tax rules …
Nigeria: Banks and Agencies to Enforce Withholding Tax on Short-Term Securities Read More
The Federal Inland Revenue Service (FIRS) has commenced the trial of cryptocurrency exchange platform Binance over alleged tax evasion in Nigeria. Court Proceedings Begin On Monday, February 17th, 2025 FIRS …
Nigeria’s FIRS Moves Forward with Binance Tax Evasion Trial Read More The Federal Inland Revenue Service (FIRS) has officially launched a new withholding tax system aimed at improving tax collection, ensuring compliance, and increasing government revenue. Enhancing Efficiency and Transparency In …
Nigeria: FIRS Introduces Withholding Tax System to Boost Compliance Read MoreAt a time when the nation is in dire need of revenue, the Federal Inland Revenue Service, FIRS has shown massive potential in revenue generation. The Federal Inland Revenue Service, …
2022: FIRS Declares Highest Tax Collection in Nigeria Read More