Firs establishment act
WebJan 26, 2024 · Federal Inland Revenue Service (Establishment) Act (“FIRS Act”) FIRS now has powers under its enabling Act to provide assistance to the government of … WebPART I-ESTABLISHMENT OF THE FEDERAL INLAND REVENUE SERVICE AND ITS MANAGEMENT BOARD, ETC. 1.-(1) There is established a body to be known as the Federal Inland Revenue Service (in this Act referred to as "the Service''). (2) The Service …
Firs establishment act
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WebNov 2, 2024 · In this regard, Section 26 of the Federal Inland Revenue Service (Establishment) Act 2007 vis-à-vis Sections 11, 12 and 13 of the CBC Regulations, will be examined in order to ascertain whether ... WebFund (Establishment) Act 2024, the Federal Inland Revenue Service (Establishment) Act No 13 2007 (as amended) and Companies Income Tax Act Cap.21 LFN 2004 (as amended). The purpose of this Circular is to provide clarification on the administration of the levy collectible under the Act. 3.0 Nigeria Police Trust Fund Levy
WebThere are two main components of the act: 1) optional foster care prevention services and programs, and 2) required changes to congregate care. Foster Care Prevention Services …
WebCustoms, Excise Tariffs, Etc. (Consolidation) Act by charging N10 excise duty per litre on non-alcoholic, carbonated and sweetened beverages. Part IV: sections 18-22 FA amended 5 sections of the FIRS (Establishment) Act, namely sections 25, 28, 35, 50, 68. The amendment effected in section 68 of the Act has transformed the FIRS Act to WebJan 13, 2024 · 17. FIRS to Administer Payment of Nigerian Police Trust Fund Levy. FIRS has been appointed under the Act to assess, collect and enforce the payment of Nigerian Police Trust Fund levy. The Act as enacted in 2024 imposed a tax of 0.005% on the net profit of companies operating in Nigeria. 18.
WebThe Nigerian Federal Inland Revenue Service was created in 1943, when it was carved out of the erstwhile Inland Revenue Department that covered what was then the Anglo-phone West ... arm of FBIR, secured its autonomy through the emergence of FIRS (Establishment) Act 13 of 2007. The commencement date of this Act was April 16, …
WebFederal Inland Revenue Service (FIRS) was created in 1943. Prior to that time, its functions had been performed by the Inland Revenue Department of British West Africa . [2] The … outwoods farm burtonWebSep 2, 2024 · On a cursory reading of the provisions of Section 31(3) FIRS Establishment Act and Section 49 of the Companies Income Tax Act, it may appear that the provisions create an ordinary principal/agent relationship between FIRS and the appointed collecting agent. By principles of law, an agency relationship presumes a payment obligation … outwoods football clubWebSep 11, 2024 · It must be stated that this ruling has very wide legal implications. There are also serious issues of the constitutionality of the decision with regards to fair hearing and burden of proof in the application of paragraph 15 (7) of the FIRS (Establishment) Act towards the person who will be affected by the decision. See GCHQ (1985) AC 374. rajat arora economics class 12WebFeb 22, 2024 · Section 25 of the FIRS (Establishment) Act has been amended to allow the use of third-party technology for tax administration purposes, upon providing a 30-day … rajat arora class 12 economicsWebOver the years, there have been experiences of clash, controversy, misunderstanding and widespread ignorance of the powers, roles, responsibilities and rajat chander cary ncWeb• The WARN Act requires employers to provide written notice at least 60 calendar days in advance of covered plant closings and mass layoffs. An employer’s notice assures that … outwood shafton school holidaysWebService (Establishment) Act No. 13 of 2007 (“the Act”) and all other powers enabling it in that behalf, the Board of the Federal Inland Revenue Service (“the Board”), established under section 3 of the Act with the approval of the Honourable Minister of Finance, makes the following Regulations. PART I outwoods farm loughborough