The Federal Inland Revenue Service (FIRS) has arrested top officials of Sweet Sensation, UTC and Pivotal Engineering in Lagos for alleged failure to remit taxes totally N2.17 billion.

http://www.vanguardngr.com/2012/05/firs-arrests-officials-of-three-firms-over-n2-17bn-taxes/

The National Tax Policy seeks to provide a set of guidelines, rules and modus operandi that would  regulate Nigeria’s tax system and provide a basis for tax legislation and tax administration in Nigeria.

http://www.vanguardngr.com/2012/05/national-tax-policy-guidelines-and-rules/

The appointment of Alhaji Kabir Mashi as the Executive Chairman of the Federal Inland Revenue Service (FIRS) by President Goodluck Jonathan has been lauded as a step in the right direction.

http://leadership.ng/nga/articles/24591/2012/05/14/mashis_appointment_will_transform_firs.html

The Presidency may have come under intense pressure as the race for the position of the chairman of the Federal Inland Revenue Service intensifies in Abuja.

www.punchng.com/news/anxiety-mounts-as-race-for-firs-top-job-intensifies/

 A BILL for an Act to amend Companies Income Tax Act 2004 and for matters connected therewith passed second reading on the floor of the Senate, Thursday.

http://www.theguardianmobile.com/readNewsItem1.php?nid=4297

As Nigerians settle in to the National Tax Policy initiative of the Federal Government, indications have emerged that the decision to introduce the policy was borne out of the increased demand to grow internally generated revenue, which has led to the exercise of the powers of taxation to the detriment of tax payers who suffer multiple taxation and bear higher tax burden.

http://www.tribune.com.ng/index.php/complete-business-package/40698-why-fg-developed-tax-policy

Federal Inland Revenue Service (FIRS), is seeking the support of the National Assembly to pass subsisting tax laws and amend the relevant ones to enable it attain its medium term target of N23.039 trillion, it was learnt yesterday.

http://www.thenationonlineng.net/2011/index.php/business/46162-firs-seeks-reps-support-for-n23-039t-medium-term-target.html

The National Tax Policy seeks to provide a set of guidelines, rules and modus operandi that would  regulate Nigeria’s tax system and provide a basis for tax legislation and tax administration in Nigeria.

http://www.vanguardngr.com/2012/05/national-tax-policy-guidelines-and-rules/

Since the transformation and automation of processes and procedures, the service has witnessed an unprecedented improvement in collection performance on a yearly basis.

http://wwwq.peoplesdaily-online.com/business/tax-alert/35415-2011-firs-performance-trends

A Federal High Court sitting in Abuja has voided two separate arbitration awards worth $5.25 billion (about N840 billion) against the Nigerian National Petroleum Corporation, NNPC, in favour of some oil exploration companies in the country.

A Federal High Court sitting in Abuja has voided two separate arbitration awards worth $5.25 billion (about N840 billion) against the Nigerian National Petroleum Corporation, NNPC, in favour of some oil exploration companies in the country.

http://www.tribune.com.ng/index.php/taxation/39954-court-grants-order-in-favour-of-firs

The Acting Executive Chairman of Federal Inland Revenue Service Alhaji Kabiru Mashi looks set to consolidate on the achievements of the agency thus far with a new plan to collect as much as N5 trillion before the end of year 2012.

http://leadership.ng/nga/isaac_amuire/23579/2012/05/03/acting_firs_chair_sets_new_revenue_target.html

A Federal High Court sitting in Abuja has voided two separate arbitration awards worth $5.25 billion, (about N840billion) against the Nigerian National Petroleum Corporation (NNPC) in favour of some oil exploration companies in the country.

http://www.thisdaylive.com/articles/n840bn-oil-suit-court-grants-order-in-favour-of-firs/114342/

IN the famed satirical novel, Animal Farm, by George Orwell, the monkey was asked why he doesn’t laugh. He said, “I see nothing to laugh at”. The monkey’s expression truly describes the state of Nigeria at the present time. There is practically nothing to laugh at; nothing to put smile on the face. Everything appears grim, gloomy and harsh.

http://www.ngrguardiannews.com/index.php?option=com_content&view=article&id=84071:onyekakeyah-omoigui-okauru-virtue-and-integrity-personified&catid=38:columnists&Itemid=615

Eight foreign airlines yesterday pledged their readiness to refund all the taxes accruing to the Federal Government from the five per cent charges they collected from travellers. This is however on the condition that the airlines must agree with the figures to be computed by the Nigerian Civil Aviation Authority (NCAA).

http://nationalmirroronline.net/news/38028.html

STAKEHOLDERS in different sector of the economy have identified grey areas in the Personal Income Tax (PIT) Amendment Act of 2011, which they believed would not be favourable to tax payers in Nigeria.

http://theguardianmobile.com/readNewsItem1.php?nid=3924

The Federal Inland Revenue Service (FIRS) has raised alarm over the non-remittance of withholding tax by local governments in Enugu state. The Controller of FIRS in the South-East, Mr. Sani Adamu, told the News Agency of Nigeria (NAN) that none of the 17 local governments in the state had remitted any tax to it since this year.

http://www.peoplesdaily-online.com/business/tax-alert/34916-firs-raises-alarm-over-lgs-failure-to-remit-taxes-in-enugun

The Nigerian tax system has undergone significant changes in recent times. Tax laws are being reviewed with the aim of repealing obsolete provisions and simplifying the relevant ones.

http://www.tribune.com.ng/index.php/taxation/39566-personal-income-tax-ammendment-act-and-its-effects-on-taxpayers

One of the several achievements of the Ifueko Omoigui-Okauru led Federal Inland Revenue Service is the National Tax Policy, described by the Minister of Finance and Coordinating Minister of the Economy as “another giant stride towards the achievement of the nation’s vision of becoming one of the largest twenty economies in the world”

http://www.leadership.ng/nga/isaac_amuire/22406/2012/04/19/ifueko_omoiguiokaurus_parting_gift.html

The Federal Inland Revenue Service (FIRS) says it will soon review the Capital Gains Tax Act and the Stamp Duty Act to make their provisions easier to understand and implement.

http://www.businessdayonline.com/NG/index.php/news/284-breaking-news/36181-firs-to-review-capital-gains-tax-act

Omoigui-Okauru: One good story out of Nigeria

In journalism, bad news, oftentimes, is the best news of all. When floods ravage communities and bombs explode, killing hundreds; when a man in the street who, ordinarily, should have no place in newspapers, throws his wife off the balcony of a three-storey building; or, as taught in journalism schools, when a man bites a dog, it is a big story.

http://sunnewsonline.com/webpages/opinion/2012/apr/18/opinion-18-04-2012-001.html

Omoigui-Okauru: One good story out of Nigeria

In journalism, bad news, oftentimes, is the best news of all. When floods ravage communities and bombs explode, killing hundreds; when a man in the street who, ordinarily, should have no place in newspapers, throws his wife off the balcony of a three-storey building; or, as taught in journalism schools, when a man bites a dog, it is a big story.

http://sunnewsonline.com/webpages/opinion/2012/apr/18/opinion-18-04-2012-001.html

President Goodluck Jonathan on Thursday directed the Minister of Finance and Health to advertise the vacant positions of chief executives of the Federal Inland Revenue Service (FIRS) and the National Health Insurance Scheme (NHIS) for competent Nigerians to apply.

http://dailytrust.com.ng/index.php?option=com_content&view=article&id=159673:jonathan-directs-finance-health-ministers-to-advertise-nhis-firs-top-positions&catid=2:lead-stories&Itemid=8

The former Executive Chairman of the he Federal Inland Revenue Service (FIRS), Mrs. Ifueko Omoigui-Okauru,  realised a total of N7.53 trillion as non-oil revenue in eleven years.

http://www.peoplesdaily-online.com/business/tax-alert/34358-former-firs-boss-thanks-staff-stakeholders-

The Federal Inland Revenue Service, FIRS, realised N21.7 trillion from taxes in the last 11 years, it was learnt, yesterday. FIRS made a total of N13.036 trillion from oil sources and another N7.53 trillion from non-oil taxes within the period under review

http://www.vanguardngr.com/2012/04/firs-realises-n21-7trn-in-11-years-omoigui-okauru/

The stepping aside of the former Executive Chairman of the Federal Inland Revenue Service(FIRS) Dr Mrs Ifueko Omoigui-Okauru last week on the completion of her two terms in office has continued to elicit reactions from Nigerians, home and abroad.

http://www.leadership.ng/nga/isaac_amuire/21808/2012/04/12/finally_ifueko_omoiguiokauru_takes_bow.html