Tax news in nigeria today

Here are some recent tax news in Nigeria:

1. Federal Inland Revenue Service (FIRS) Introduces New Tax Regime for Non-Resident Companies

The FIRS has introduced a new tax regime for non-resident companies operating in Nigeria. The new regime requires non-resident companies to register with the FIRS and obtain a Tax Identification Number (TIN) before conducting business in Nigeria. The move is aimed at increasing tax revenue and improving tax compliance. (Source: Punch)

2. FIRS to Increase Tax Revenue by 20% in 2023

The FIRS has set a target to increase tax revenue by 20% in 2023. The agency plans to achieve this through improved tax compliance, increased tax audits, and the introduction of new tax policies. (Source: Vanguard)

3. Lagos State Government Introduces New Tax on Luxury Goods

The Lagos State Government has introduced a new tax on luxury goods, including cars, jewelry, and designer clothing. The tax, which is expected to generate N10 billion in revenue, is aimed at reducing the state's dependence on federal allocation. (Source: ThisDay)

4. FIRS Warns Taxpayers Against Late Payment of Taxes

The FIRS has warned taxpayers against late payment of taxes, saying that late payment attracts penalties and interest. The agency has also introduced a new system for tracking tax payments, making it easier to identify defaulters. (Source: Daily Trust)

5. Nigeria to Implement Value Added Tax (VAT) on E-Transactions

The Nigerian government has announced plans to implement VAT on e-transactions, including online purchases and digital services. The move is aimed at increasing tax revenue and reducing tax evasion. (Source: The Guardian)

6. FIRS to Conduct Tax Audit on High-Net-Worth Individuals

The FIRS has announced plans to conduct a tax audit on high-net-worth individuals in Nigeria. The audit is aimed at identifying tax defaulters and increasing tax compliance. (Source: Leadership)

7. Nigeria to Introduce Tax on Cryptocurrencies

The Nigerian government has announced plans to introduce tax on cryptocurrencies, including Bitcoin and other digital currencies. The move is aimed at increasing tax revenue and regulating the use of cryptocurrencies in the country. (Source: Premium Times)

These are some of the recent tax news in Nigeria. I hope this information is helpful.