In Lagos, the FIRS enforcement team on Wednesday sealed the premises of Seabulk Offshore Operations Nigeria Limited at 11A, Grace Anjos Drive in Lekki over a tax debt of N34.546 million.
Browsing: Federal Inland Revenue Service
She said this on Tuesday in Abuja, while on inspection of the newly renovated Federal Treasury Academy in Orozo in the Federal Capital Territory.
The tax amnesty programme, which expired on Saturday, offered a nine-month window of opportunity for tax payers to regularise their tax liabilities
The Minister of Finance, Kemi Adeosun, said this in Abuja, while briefing newsmen on the outcome of the monthly FAAC meeting.
Fowler said this at the 13th General Assembly of the West African Tax Administration Forum with the theme: “Enhancing the Revenue Potential of West Africa” held on Wednesday in Abuja.
The FIRS boss explained that those under the impression that the government will be fazed by an avalanche of litigations that may arise at the closure of the VAIDS window on March 31 are mistaken.
In the presentation, titled: “Achieving Voluntary Tax Compliance: The VAIDS Option,” the FIRS Chairman explained that the key motivation for introducing the scheme is that the country’s tax remittance rate remains low despite having some of Africa’s most profitable and well capitalised companies.
Adeosun stated this while speaking on the issue of taxation and revenue leakages at a tax conference organised by the Organisation for Economic Cooperation and Development at the UN Headquarters in New York
The Head, Organisation for Economic Cooperation and Development Global Forum on Exchange of Information, Monica Bhatia, stated this following a meeting with Nigeria’s Minister of Finance, Kemi Adeosun
The Minister of Finance, Kemi Adeosun, said in an interview with the News Agency of Nigeria in New York that Nigeria was among the lowest tax-paying countries in the world
The leader of the FIRS team, Ruth Madeun, however, replied that if the company had no tax debt, her team would not have been to its premises
A statement by the Head, Communications and Servicom, FIRS, Wahab Gbadamosi, on Wednesday in Abuja said Fowler made this known when he led a delegation to the palace of Oba of Lagos, Rilwan Akiolu I.
Fowler’s warning was contained in a keynote address at a workshop for professionals advising clients on participation in the VAIDS in Kano
The Minister of Finance, Kemi Adeosun, told newsmen on Tuesday in Abuja that the money was distributed under four distributable sub-heads
Among the speakers was Chief Cyril Ede, the President, Chartered Institute of Taxation of Nigeria, who warned that there will be no hiding place for tax avoiders
The scheme, an initiative of the Federal Ministry of Finance that provides a time-limited window for taxpayers with undisclosed income and assets to regularize their tax status, according to Tunde Fowler, the Chairman of the Federal Inland Revenue Service, had earned the Federal Government N17 billion by early December 2017
Governor Mohammed Abubakar of Bauchi State, while declaring the games closed, noted that the competition was conducted in a healthy and friendly manner which demonstrated the sportsmanship by the athletes.
Babatunde Flower, the FIRS Executive Chairman, said this in Lagos on Wednesday at a media workshop on VAIDS
The Permanent Secretary of the Ministry, Mahmoud Isa-Dutse, said this on Thursday in Abuja while briefing newsmen on the outcome of the monthly Federal Account Allocation Committee
The Chairman of the Service, Babatunde Fowler, disclosed this on Thursday in Abuja at a public enlightenment workshop on VAIDS organised by the Federal Ministry of Finance and FIRS.