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FIRS

Nigeria Set to Introduce Crypto Tax Law by September

by Isaac Wright
Nigeria Set to Introduce Crypto Tax Law by September

Nigeria’s FIRS plans to introduce a crypto tax law by September to address regulatory gaps. The changes aim to modernize Nigeria’s revenue structure and regulate crypto to avoid financial harm. …

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Court drops Binance executive from tax evasion charges, proceeds against crypto company

by Ron Morgan
Court drops Binance executive from tax evasion charges, proceeds against crypto company

The Federal High Court in Abuja has dropped the executive of Binance Holdings Limited, Tigran Gambaryan, from the alleged tax evasion charge preferred against the company by the Federal Inland …

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Reps panel queries Accountant General’s office for payment to Remita

by Ron Morgan
Reps panel queries Accountant General’s office for payment to Remita

The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a payment platform, from the Office of the Accountant General for the Federation …

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FG files tax evasion charges against Binance

by Ron Morgan
FG files tax evasion charges against Binance

The federal government of Nigeria on Monday initiated criminal proceedings against Binance, a leading cryptocurrency exchange platform. The Federal Inland Revenue Service (FIRS) on Monday announced the charges filed at …

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Reps mull establishment of Tax Crime Commission

by Ron Morgan
Reps mull establishment of Tax Crime Commission

The House of Representatives is moving to establish a new National Tax Crimes and Oversight Commission aimed at combating tax evasion and related offences. A bill sponsored by Deputy Speaker …

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