CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Nigeria Seeking To Expand Taxpayer Base In 2016

Nigeria Seeking To Expand Taxpayer Base In 2016

by Lorys Charalambous, Tax-News.com, Cyprus

02 February 2016


The Executive Chairman of Nigeria's Federal Inland Revenue Service (FIRS), Babatunde Fowler, hopes to substantially increase the numbers of both corporate and individual taxpayers in 2016.

Within a new nationwide campaign to widen the tax base, FIRS registered almost 360,000 more corporate taxpayers in the period from October 13, 2015, to January 27, 2016. Fowler plans to add at least 500,000 new corporate taxpayers by the end of March this year.

Working in collaboration with the State Boards of Internal Revenue, the FIRS Chairman also plans to add five million new individual taxpayers to the country's tax register by December 2016.

The tax authority sees its nationwide program as an avenue to expanding non-oil tax revenue collections considerably.

TAGS: compliance | tax | tax compliance | Niger | Nigeria | corporation tax | tax authority | individual income tax | Work

To see today's news, click here.

 
















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »