Tag:
tax
News
Elon Musk Slams Trump’s Tax Bill, Calls It a ‘Disgusting Abomination’
Tech billionaire Elon Musk has strongly criticised former U.S. President Donald Trump’s latest tax and spending bill, calling it a “disgusting abomination” filled with...
News
Four Major Tax Bills Ready for Tinubu’s Assent After NASS Approval
The National Assembly has completed work on four key tax reform bills and is set to send them to President Bola Ahmed Tinubu for...
News
FIRS Launches E-Invoicing to Curb Tax Evasion
The Federal Inland Revenue Service (FIRS) has intensified its efforts to combat tax evasion and revenue leakages through the introduction of a National E-Invoicing...
Culture
FIRS Launches Tax Book to Teach Pupils Civic Duties
The Federal Inland Revenue Service (FIRS) has revealed that only 19 percent of Nigerians pay tax, a figure it describes as alarmingly low. To...
News
US Plans 5% Tax on Foreign Money Transfers
A new bill introduced by US lawmakers may soon see millions of Nigerians living in the United States paying a 5% tax on money...
News
Tax Reform Bill to Exempt Workers Earning Under N1m Annually
Senator Sani Musa, Chairman of the Senate Committee on Finance, has announced that Nigerian workers earning less than N1 million annually will soon be...
News
Ajaero: N70,000 Wage Lost to Tax, Inflation, Electricity Tariffs
The Nigeria Labour Congress (NLC) has strongly criticised some state governors for refusing to implement the new national minimum wage of N70,000 and the...
Business
FIRS Orders Closure of Unauthorized Tax Accounts
The Federal Inland Revenue Service (FIRS) has directed all banks in Nigeria to immediately shut down any tax and levy collection accounts not integrated...