The former chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, wrote to request for an extension of his tenure before President Muhammadu Buhari announced his replacement. Buhari appointed Muhammad Nami, a tax consultant, to replace Fowler whose tenure ended on Monday. In a letter dated December 9, Fowler wrote to Boss Mustapha, the secretary […]
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The Federal Inland Revenue Service (FIRS) says it will impose value-added tax (VAT) on online transactions, both domestic and international, with effective from January 2020. This disclosure was made on Monday by FIRS executive chairman, Babatunde Fowler, at the African Tax Administration Forum (ATAF) technical workshop that held in Abuja. Mr. Fowler said a lot […]
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The Joint Tax Board (JTB) Chairman, Mr Tunde Fowler, on Thursday unveiled the South West Regional National Tax payer Identification Number (TIN). Fowler said, at the inauguration ceremony of the new TIN registration system and consolidated national taxpayers’ database in Lagos, the new system would promote a tax friendly environment. Fowler, also the Executive Chairman, […]
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The Federal Inland Revenue Service, FIRS, says it has sealed off over 3,000 properties in the Federal Capital Territory, FCT, Abuja for failing to file annual tax returns. The Chairman of FIRS, Babatunde Fowler, disclosed this at a one-day media sensitization workshop on Voluntary Assets & Income Declaration Scheme, VAIDS, on Thursday in Abuja. Mr. […]
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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 […]
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The joint tax board (JTB) and the Federal Inland Revenue Service (FIRS) have started sharing information of high net worth individuals to profile their income and tax payments. Speaking at the 138th meeting of the JTB on Sunday, Babatunde Fowler, executive chairman of the FIRS, said 12 states have signed the memorandum of understanding under […]
Continue ReadingThe Executive Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler on Monday said Nigerians will soon pay Value Added Tax (VAT) and show evidence of being tax payers before obtaining their passports. He said this at the 136th meeting of the Joint Tax Board which had the theme: “ Increased Inter-Agency Co-operation to […]
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