Tag Archives: Federal Inland Revenue Service (FIRS)

Rivers, Lagos urge Appeal Court to restrain FIRS from sharing VAT proceeds

DESPERATION: FIRS writes National Assembly, seeks exclusive power on VATFIRS

VAT: FIRS tells taxpayers to disobey court order, threatens those paying to Rivers govt with fines

The FIRS has appointed some commercial banks as agents to recover the sum of N1.8 trillion from accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA). This was contained in a statement signed by the Executive Chairman, Muhammad Nami.

By Chinedum Uwaegbulam House prices, vacancy rates to rise Policy to face stiff opposition  Lack of data on properties to mar collection To increase tenancy disputes, create a black market Uneasy calm pervades the real estate sector as controversy rocks Federal Government’s stamp duty policy, which industry watchers say, could worsen the plight of tenants and home buyers.

The Federal Inland Revenue Service (FIRS) has directed landlords and property agents to charge six per cent stamp duty on all tenancy and lease agreements.