FAAC shares N1.298tr to Fed, States, LGAs for September 2024
The Federation Accounts Allocation Committee (FAAC) has distributed N1.298 trillion to the Federal, State…
FEC approves bill seeking amendment of company income tax
The federal executive committee (FEC) has approved the economic stabilisation bill seeking…
Oyedele committee proposes exemption of businesses with N50m annual turnover from VAT
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee, says…
FG files tax evasion charges against Binance
The Federal Government on Monday initiated proceedings against Binance, a prominent cryptocurrency…
FG makes N2tn taxes from Google, Facebook, foreign firms – Report
Google, Netflix, Facebook and other foreign companies operating in Nigeria have paid…
FG generated N469bn from company income tax in Q1 2023, down by 37.8% from Q4 2022
The federal government generated N469.01 billion from company income tax (CIT) in…
Firms with less than N25m turnover will no longer pay company tax – FG
The Finance Bill 2019, when signed into law, will ensure that small…
FIRS generates N2.11tr in 7 months
The Federal Inland Revenue Service (FIRS), through tax collections, generated the sum…
LCCI worries over use property value for company tax assessment by FIRS
The Lagos Chamber of Commerce and Industry (LCCI) says recent moves by…
APC urges FG to probe past NLNG payments, condemns grandstanding opposition
The All Progressives Congress (APC) has called on the Federal Government to…
