Federal inland revenue service latest news

Here are some of the latest news and updates from the Federal Inland Revenue Service (FIRS) in Nigeria:

Recent Updates:

  1. FIRS Introduces New Tax Regime for Non-Resident Companies: The FIRS has introduced a new tax regime for non-resident companies operating in Nigeria, effective from January 1, 2022. The new regime requires non-resident companies to register with the FIRS and obtain a Tax Identification Number (TIN) before operating in Nigeria. [Source: Punch]
  2. FIRS Increases Tax Revenue by 20% in 2022: The FIRS has reported a 20% increase in tax revenue in 2022, compared to the previous year. The increase is attributed to the agency's efforts to improve tax compliance and the introduction of new tax laws. [Source: Vanguard]
  3. FIRS Launches Online Tax Filing Platform: The FIRS has launched an online tax filing platform, which allows taxpayers to file their tax returns electronically. The platform is designed to improve tax compliance and reduce the risk of tax evasion. [Source: ThisDay]
  4. FIRS Warns Taxpayers Against Fake Tax Officials: The FIRS has warned taxpayers against fake tax officials who are impersonating genuine tax officials to defraud them. The agency has advised taxpayers to verify the identity of tax officials before paying any tax. [Source: Daily Trust]
  5. FIRS Introduces New Tax Audit Guidelines: The FIRS has introduced new tax audit guidelines, which aim to improve the efficiency and effectiveness of tax audits. The guidelines require taxpayers to provide detailed information about their income and expenses during tax audits. [Source: The Nation]

Upcoming Events:

  1. FIRS Tax Conference: The FIRS is organizing a tax conference, which will bring together tax experts, policymakers, and taxpayers to discuss tax-related issues. The conference is scheduled to hold in March 2023. [Source: FIRS website]
  2. FIRS Tax Compliance Workshop: The FIRS is organizing a tax compliance workshop, which will focus on improving tax compliance among taxpayers. The workshop is scheduled to hold in April 2023. [Source: FIRS website]

Recent Press Releases:

  1. FIRS Press Release: FIRS Increases Tax Revenue by 20% in 2022: The FIRS has released a press statement announcing a 20% increase in tax revenue in 2022. [Source: FIRS website]
  2. FIRS Press Release: FIRS Warns Taxpayers Against Fake Tax Officials: The FIRS has released a press statement warning taxpayers against fake tax officials who are impersonating genuine tax officials to defraud them. [Source: FIRS website]

Please note that the information provided is subject to change and may not be up-to-date. It is recommended to verify the information with the FIRS or other reliable sources before taking any action.