Tax evasion: Reps Committee goes tough on FIRS Chairman
Business

Tax evasion: Reps Committee goes tough on FIRS Chairman

…the Committee believes that Nigeria was being shortchanged in tax payment The House of Representatives Ad-hoc Committee Investigating the Structure and Accountability of the Joint Venture (JV) Businesses and Production Sharing Contracts (PSCs) of the National Petroleum Company Limited (NNPCL) has accused the Chairman of the Federal Inland Revenue Service (FIRS), Mr Muhammad Mamman Nami

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NCC, FIRS sign MoU for ascertaining VAT elements of telecoms’ transactions 1
News

NCC, FIRS sign MoU for ascertaining VAT elements of telecoms’ transactions

In line with its inter-agency collaboration, the Nigerian Communications Commission (NCC) has signed a Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) to ensure the tax agency ascertain accuracy and completeness of value added tax (VAT) elements and other taxes payable in the transactions of telecoms operators. With the MoU, the FIRS

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