The Kaduna State Internal Revenue Service (KDIRS) said that it collected N26.53 billion as Internally Generated Revenue (IGR) for the 2017 fiscal year and also set a target of N42 billion for the current year.
Tax
FG May Reduce Airlines’ Taxes, Charges To Grow Sector
There are strong indications that the Federal Government may revise some of the taxes, charges, levies and other related costs of airlines operating in the country.
FG Issues Income Tax CbCR Regulations
Nigeria has issued the Income Tax (Country-by-Country Reporting) Regulations 2018 (the CbCR Regulations)
UAE Modifies First VAT Filing Deadlines
The UAE’s Federal Tax Authority (FTA) has changed the deadline for firms preparing to file a VAT return for the first time.
FIRS Raked In N4trn Revenue in 2017 – Fowler
The Executive Chairman of the Federal Inland Revenue Service, FIRS, Mr Tunde Fowler, said yesterday that the Service generated N4 trillion in form of tax revenue last year
CISLAC Lauds House Of Reps Over Passage Of PIGB
The Civil Society Legislative Advocacy Centre (CISLAC) has commended the House of Representatives for the recent passage of the Petroleum Industry and Governance Bill (PIGB). This is even as it urged the Legislature to give urgent consideration to other pending oil, gas industry related bills. The civil society organization, through a statement signed by its […]
Ireland To Review Local Property Tax
The Irish Finance Department has disclosed its plans to commence a review of the Local Property Tax (LPT) next month.
US Supreme Court To Revisit Quill E-Commerce Sales Tax Ruling
The US Supreme Court has accepted to revisit its earlier ruling in Quill Corp. v. North Dakota, concerning the ability of states to tax retailers not present within their physical borders
UAE Explains VAT Procedures For Non-Registered Firms
Following the introduction of Value Added Tax (VAT) on January 1 this year, the United Arab Emirates (UAE) Federal Tax Authority has clarified the import procedures non-VAT registered businesses should follow.
Canadian Brewers Seek Tax Cuts
Canadian brewers have called on the Federal Government to scrap plans for an automatic excise duty increase