Tag: FIRS, vat
VAT judgement: FIRS may lose N92bn revenue to states
If the judgement of the Federal High Court asking states government to collect Value Added Tax in their domain is upheld by the Appeal Court, the Federal...
VAT: FIRS writes National Assembly, seeks exclusive power
In what appears as a desperate bid to maintain control over collection and disbursement of Value Added Tax,VAT,the Federal Inland Revenue Service, has written the...
‘Wahala’ for FIRS in all fronts as MultiChoice, Andersen fault its basis for N1.8trn tax liability
Leading tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS) arrived at the N1.8 trillion tax bill it slapped on...
‘Wahala’ for FIRS in all fronts as MultiChoice, Andersen fault its basis for N1.8trn tax liability
Leading tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS) arrived at the N1.8 trillion tax bill it slapped on...
VAT:Lagos, Rivers set to implement court judgement
..Northern states disagree The governments of Lagos and Rivers states have expressed their readiness to begin the collection of Value Added Tax in accordance with the...
Rivers’ VAT: ICAN’s position
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA’S POSITION ONTHE RIVERS STATE VALUE ADDED TAX LAW FURTHER TO THE JUDGMENT OF THE FEDERAL HIGH COURT IN SUIT NO....
VAT:The stand off begins as- Wike signs bill on VAT collection into law
…Says FIRS cannot reap where they did not sew Gov. Nyesom Wike of Rivers State on Thursday signed into law the bill on Value Added Tax (VAT) collection in the...
FIRS appeals court judgment on VAT, urges taxpayers to meet obligations
As expected, the Federal Inland Revenue Service (FIRS) has appealed the recent judgment of the Federal High Court in Port Harcourt, Rivers State, on the issue of...
Only Rivers not FG should collect VAT, income taxes, others – Court
Only Rivers not FG should collect VAT, income taxes, others – Court The Federal High Court sitting in Port Harcourt has declared Rivers Government, not the Federal...
FIRS seals NDDC headquarters over N26bn unpaid tax
..Workers locked out Employees of the Niger Delta Development Commission (NDDC) were stranded on Friday following the sealing of the commission’s headquarters in Port...
