Mounting resistance from civil society groups, business owners, and legal experts now challenges the Federal Government’s plan to implement the newly gazetted tax laws by January. The controversy centers on the recent publication of the Finance…
The Federal Inland Revenue Service (FIRS) has announced that National Identification Numbers (NIN) and Corporate Affairs Commission (CAC) registration numbers will double as tax identification numbers starting in 2026. FIRS Executive Chairman…
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the country’s new tax policies will focus on taxing high-income earners rather than burdening the poor. Speaking at a recent…
Mr. Biodun Oyedele, the Executive Chairman of the Federal Inland Revenue Service (FIRS), has directed that all banks operating in Nigeria are required to obtain Tax Identification Numbers (TINs) from customers who are taxable persons before…
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