Tag: IRS
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FCTA unveils Strategic Plan for FCT-IRS as sole revenue collector
The Federal Capital Territory Administration (FCTA) has unveiled a Strategic Plan for the delegation of duties and responsibilities of revenue collection to the Federal Capital Territory-Internal Revenue Service (FCT-IRS). Mr. Adesola Olusade, Permanent Secretary in charge of FCTA, unveiled the plan during a stakeholders’ meeting in Abuja on Tuesday.
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FCT-IRS clarifies taxing of residents of neighbouring states working in FCT
Mr Haruna Abdullahi, the Acting Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS) says the law is clear on where residents working in other states pay taxes. Abdullahi gave the clarification when he appeared on the News Agency of Nigeria (NAN) Forum in Abuja, following concerns of multiplicity of taxes. NAN reports that there has…
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Trump tax showdown: U.S. Democrats set April 23 deadline for IRS
U.S. congressional Democrats on Saturday headed for a showdown with the Internal Revenue Service over President Donald Trump’s tax returns, setting a new hard deadline of April 23 for the federal tax agency to hand the documents over to lawmakers. In an April 13 letter that appeared to move Democrats closer to a federal court…