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Malami writes governors, says no recoveries made on stamp duty since...

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Abubakar Malami, Attorney-General of the Federation (AGF) says the Federal Government is yet to recover stamp duty funds made from January 15, 2016, to...

As VAT tussle rages, states sue FG over sharing of stamp...

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Attorneys-general of the 36 states have sued Abubakar Malami, attorney-general of the federation (AGF), over the alleged failure of the government to remit funds...

We’re still in charge of Stamp Duty collection – FIRS

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The Federal Inland Revenue Service has said it is still in charge of Stamp Duty collection in the country. There have been publications in some...

Court declares stamp duty charges on bank deposits, transfers illegal

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The Federal  High Court sittimg in in Asaba has declared the deduction of stamp duty charges by Nigerian banks as illegal. Nnamdi Dimgba, the judge,...

Senate rejects N500bn stamp duty revenue projection for 2021

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The Senate has declared as unacceptable the N500 billion stamp duty revenue projection on electronic transactions for the 2021 fiscal year, arguing that more...

NIPOST board chair cries over stamp duty, says ‘FIRS has stolen...

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Maimuna Abubakar, board chairman of the Nigerian Postal Services (NIPOST), says the Federal Internal Revenue Service (FIRS) has stolen the agency’s mandate. There has been...

Stamp duty will apply to new agreements not rent renewal, says...

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The Federal Inland Revenue Service (FIRS) says the stamp duty charge on rents and leases would only apply to new agreements and not renewals. In...

FIRS asks landlords, agents to collect, remit 6% Stamp Duty on...

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The Federal Inland Revenue Service (FIRS) has directed landlords and property agents to charge and collect six per cent Stamp Duty on all tenancy and...

FIRS clarifies stamp duty rates, others

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The Federal Inland Revenue Service (FIRS) has published detailed information to guide taxpayers and the public on rates payable as stamp duty. The Director of...

RMAFC to recover N100bn unremmitted stamp duty funds from banks

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Commercial banks are to be probed over stamp duty collections, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said. A statement by the Commission’s...

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