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The Lagos Inland Revenue Service (LIRS) has directed employers to deduct capital gains tax (CGT) from any sum paid to employees on termination of their services.
A property consultant, Mr Chudi Ubosi, on Monday called on Lagos State Government to simplify the processing and granting of Certificate of Occupancy (C of O), Layout Permit and other land title documents.
The Lagos State Government generated an Internally-Generated Revenue (IGR) of about N103.5 billion for the first quarter of 2018.
A Federal High Court in Lagos on Tuesday fixed May 7 to hear a suit challenging the new Hotel Occupancy and Restaurant Consumption Law of Lagos State.
The Lagos State Government has rejected an injunction by a Federal High Court sitting in Ikoyi which temporarily restrained it from enforcing the provisions of the 2017 Hotel Occupancy and Restaurant (Fiscalisation) Regulations 2017.
Financial experts have lamented the country’s tax to GDP ratio, describing it as one of the poorest in Africa.
Alpha Beta Consulting said on Thursday that it has no contract with the Lagos State Government in execution of the state’s newly-introduced land use law.
Babatunde Fowler, executive chairman, Federal Inland Revenue Service (FIRS), says the federal government is processing court documents that will allow it sell properties of companies who have been evading taxes.
Ayodele Hamzat Subair, executive chairman of the Lagos Inland Revenue Service (LIRS), says citizens have the right to appeal land use charges if they feel it is an unjust amount.
The Lagos State Internal Revenue Service (LIRS) has shut down 20 hotels, restaurants and event centres because of their failure to remit taxes.
Mr. Hamzat Ayodele Zubair, Chairman, Lagos Inland Revenue Service (LIRS), has stated that wealthy Nigerians who have been underpaying taxes will be easily exposed if they fail to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS).
In line with global best practice in the use of technology and automated solutions, the Lagos State Internal Revenue Service has introduced recently an Electronic Revenue Assurance System for Hotels, Restaurants, Night Clubs and Event Centres in Lagos State to elicit automatic compliance with the extant Hotel Occupancy and Restaurant Consumption Tax Law of Lagos State as amended.
The Lagos State Governor, Akinwunmi Ambode, on Wednesday described three of his predecessors as architects of the state who contributed immensely its transformation.
The Lagos State Internal Revenue Service (LIRS) on Thursday shut 11 hotels, restaurants and event centres over alleged failures to remit their taxes under the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009.
The Lagos State Internal Revenue Service (LIRS) has shut 13 hotels, restaurants and event centers for failure to pay their taxes to the state government in accordance with the Hotel Occupancy and Restaurant
The Lagos State Internal Revenue Service (LIRS) has shut 13 hotels, restaurants and event centers for failure to pay their taxes due under the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009.
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Justice Inyang Ekwo of the Federal High Court in Abuja on Monday adjourned till March 28 hearing in a suit seeking to stop the Independent National Electoral Commission (INEC) from proceeding with the collation, conclusion and announcement of results in the March 9, Governorship and House of Assembly election in Rivers State.
The Christian Association of Nigeria (CAN), in Lau Local Government Area of Taraba, on Monday called on the state and federal governments to take stringent measures to end the incessant kidnappings and killings in the area.
The Independent National Electoral Commission has shifted the date for the issuance of Certificates of Return to the Governor-elect, Mr Babajide Sanwo-Olu, and his deputy, Dr Obafemi Hamzat.
The South East All Progressives Congress, APC, Youths Consultative Forum, has called on the leadership of the All Progressives Congress to zone the position of speaker to them.
The APC Presidential Campaign Council has petitioned the Inspector-General of Police (IGP) and the Director-General of the Department of State Services (DSS).
Former Super Eagles captain, Austin ‘Jay Jay’ Okocha, says one of the reasons he retired from the round leather game was lack of enough playing time.
Disgraced former England international Adam Johnson is believed to have been released from prison after serving three years for child sex offences.
Owing to the non-review of the Multi Year Tariff Order (MYTO) since February 1, 2016, the shortfall of the Nigerian Electricity Supply Industry (NESI) has exceeded N1.4trillion.
Dala Local Government area of Kano State has recorded a large turn out of voters especially women for the governorship re-run elections.
The Personal Assistant to President Muhammadu Buhari on New Media, Bashir Ahmad, has said the president did not campaign for his party, the APC after his re-election because “he wanted to leave the people to express their will”.