A Federal High Court in Abuja on Friday, discharged the executive of Binance Holdings Limited, Tigran Gambaryan, and his fleeing colleague, Nadeem Anjarwalla, from the alleged tax evasion charge preferred against the company by the Federal Inland Revenue Service (FIRS).
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The new approvals brought the number of companies benefitting from the 3-year tax holiday to 104 at the end of Q1, 2024.
The Federal Inland Revenue Service (FIRS) has filed an amended four-count charge against Binance Holdings Limited and its executive, Tigran Gambaryan, on alleged tax evasion.
The Chief Executive, of Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said that the organisation witnessed unprecedented progress in revenue collection, culminating in a remarkable achievement of N12.3 trillion in 2023.
The House of Representatives Public Accounts Committee has warned the Chairman, of Federal Inland Revenue (FIRS), Mr Zacch Adedeji against his alleged disregard to appear before the committee on invitation.
The Senate Committee on Finance, on Monday halted the Federal Inland Revenue Service (FIRS) from granting tax waivers following the record loss of N17 trillion incurred by Nigeria within the last five years.
The Corporate Affairs Commission (CAC) has asked social media content creators, including Instagram, and TikTok users with large followers, to register their businesses with the commission in accordance with the Company and Allied Matters Act 2020.
ASHENEWS reports that the Federal Inland Revenue Service (FIRS) will undergo major reorganization as the federal government has approved a new organizational structure for the agency.
ASHENEWS reports that the Federal Inland Revenue Service (FIRS) says it begin a nationwide compliance monitoring of Value-Added Tax (VAT) and Withholding Tax (WHT) on all taxable individuals, commencing on October 23.
ASHENEWS reports that the former executive chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has denied report that he approved N11 billion payments before he handed over to the new head of the Service.