The Chairman, Joint Tax Board (JTB), Mr. Babatunde Fowler, says the board is set to capture 40 million Nigerians outside its tax net by March, next year. Fowler, who is also the Chairman, Federal Inland Revenue Service(FIRS) gave the new target in Sokoto on Monday during a courtesy visit to the Sultan of Sokoto, Sultan […]
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The Nigerian Government expected to rake in an additional ₦6 billion from the implementation of the Voluntary Assets and Income Declaration Scheme before the end of the year, the Executive Chairman, Federal Inland Revenue Service, Mr. Babatunde Fowler, has said. Fowler said that a total of ₦17 billion had been realised from the scheme in […]
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The Federal Government has dashed the hopes of many individuals and organisations hoping for possible extension of the enforcement of the Voluntary Assets and Income Declaration Scheme (VAIDS), saying the March 2018 deadline remains sacrosanct. The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, stated this yesterday in Abuja at a […]
Read More Four months after the Federal Government launched the Voluntary Assets and Income Declaration Scheme (VAIDS), which commenced on July 1, an estimated $50 million has already been raised by tax authorities. The Chairman of Federal Inland Revenue Service (FIRS), Babatunde Fowler, made the disclosure at the Nigeria Governors’ Forum Secretariat (NGFS) annual IGR Peer Learning […]
Read More Nigeria’s Executive Chairman, Federal Inland Revenue Service, FIRS, Mr. Tunde Fowler, has been elected as 1st Vice Chairman of United Nations Committee of Experts on International Cooperation in Tax Matters. This was disclosed in a statement signed by Wahab Gbadamosi, Head of Communication and Servicom Department, FIRS. According to the statement, Mr. Eric Nil Yarboi Mensah, […]
Read More The United Nations Secretary-General, Antonio Guterres, has named Tunde Fowler, Executive Chairman, Federal Inland Revenue Service, FIRS, as a member of the International Experts Committee on Tax Matters. The committee has 25 members worldwide. Mr. Fowler’s appointment was conveyed by Bolaji Akinremi, Minister Plenipotentiary of Nigeria Permanent Mission, New York, in a mail to the […]
Read More The Executive Chairman, First Inland Revenue Service (FIRS), Babatunde Fowler, has said the introduction of Automatic Exchange of Information (AEI) could be the tool to eradicate tax evasion in the country. According to Fowler, who stated this at a workshop on automatic exchange of Information at the weekend in Lagos, jointly organised by FIRS and […]
Read More Federal Inland Revenue Service (FIRS) yesterday said that it collected N3.303 trillion tax revenue in 2016, despite the challenging economy. Its Chairman, Mr. Tunde Fowler, who spoke through a Deputy Director, Ms Nneka Ifekwuna, in Lagos, said that FIRS was able to make haul in a year when oil prices dropped to less than $50 […]
Read More The Federal Inland Revenue Service (FIRS), says the agency realised N27.086 billion from the waiver of tax penalty and interest programme. The programme was introduced to allow defaulters regularise their relationship with the agency. The executive chairman – Tunde Fowler, spoke yesterday in Abuja during the oversight visit by the House of Representatives Committee on […]
Read More The Chairman, Federal Inland Revenue Service, Mr. Tunde Fowler, said that the organisation received more than 700,000 applications from the recent job advertisement it placed in some national newspapers. Fowler, who made this known on Wednesday in Abuja when he appeared before the House of Representatives’ Committee on Public Petition, said only 500 of the […]
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