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Is FIRS empowered to place a lien on tax defaulter’s account?

Is FIRS empowered to place a lien on tax defaulter’s account?

Federal Government releases 2016 Fiscal Policy Measures

Federal Executive Council approves new import levy

The Federal Executive Council (FEC) has approved a new 0.2% import levy on eligible imports from African Union (AU) Member States.

The US Embassy and Consulate in Nigeria suspends the interview waiver option (dropbox applications)

The United States Mission in Nigeria has announced the immediate suspension of the interview waivers option popularly referred to as the “Dropbox”.

Mergers and acquisitions now under the joint purview of SEC and FCCPC…till further notice

SEC and FCCPC recently issued joint guidance on submission of notifications for proposed mergers, acquisitions and other business combination notifications

FIRS recommends a 63-day timeline for completion of tax audit exercises

The Federal Inland Revenue Service (FIRS), on 30 April 2019, notified the public that it has introduced new measures to simplify and ease tax audit experience for all taxpayers.