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MultiChoice Africa Rejects TAT Ruling On $342m VAT Bill

Admin 1 2 years ago

By Titilope Joseph LAGOS – MultiChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has stated its position over the ruling of the Tax Appeal Tribunal (TAT) which dismissed its appeal against the $342 million Value Added Tax (VAT) bill slapped […]

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‘Supreme Court can’t overrule VAT collection by states’

Admin 1 3 years ago

Omooba Olumuyiwa Sosanya, renowned accountant and technocrat is founding president, Association of National Accountants of Nigeria (ANAN), one of the umbrella bodies regulating professional accountants in the country. In this interview with IBRAHIM APEKHADE YUSUF, Omooba Sosanya who doubles as a […]

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Tribunal fixes date to rule on tax dispute as MultiChoice faults FIRS figures

Admin 1 3 years ago

By Adeyemi Adepetun and Matthew Ogune • Sack economic management team now, group tells BuhariThe Lagos zone of the Tax Appeal Tribunal (TAT) hearing the N1.8 trillion tax dispute between the Federal Inland Revenue Service (FIRS) and MultiChoice Nigeria has fixed […]

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Employers association asks all companies to ignore Lagos, Rivers, remit VAT to FIRS

Admin 1 3 years ago

The association of private sector employers said VAT collected for August 2021 should be paid to FIRS. HILLARY ESSIEN The Nigeria Employers Consultative Association (NECA), a trade union of employers in the private sector, has directed all its members to […]

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VAT War: FIRS insists CSOs, NGOs must pay tax

Admin 1 3 years ago

FIRS has insisted that civil society organisations (CSOs) and other non-governmental organisations (NGOs) are not exempted from paying VAT. NEWS AGENCY OF NIGERIA The Federal Inland Revenue Service (FIRS) has insisted that civil society organisations (CSOs) and other non-governmental organisations […]

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Appeal court declines to bar FIRS from VAT collection

Admin 1 3 years ago

By Ameh ochojila, Reserves ruling on Lagos joinder bid. The Court of Appeal on Thursday declined to accede to the request of Rivers and Lagos States for the appointment of Receiver or Manager for the purpose of collecting and keeping Value […]

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Umahi breaks rank, insists FIRS should collect VAT

Admin 1 3 years ago

“Ebonyi state is not in support of any state collecting VAT. We are in support that FIRS should continue to collect tax and share,” Mr Umahi said. OYINDAMOLA OLUBAJO Governor David Umahi of Ebonyi has opposed the agitations by Governors […]

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VAT War: Rivers takes FIRS to Supreme Court

Admin 1 3 years ago

Rivers wants the Supreme Court to order that the substantive appeal by FIRS be heard and determined by a fresh panel of the Court of Appeal. JUSTINA MBOHO Governor Wike and President Buhari The Rivers government has approached the Supreme […]

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VAT collection: Lagos applies to join Rivers in FIRS appeal

Admin 1 3 years ago

by Bolanle Olabimtan The Lagos state government has applied to the court of appeal in Abuja to be joined as a co-respondent in the appeal filed by the Federal Inland Revenue Service (FIRS) challenging the judgment of the federal high […]

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Rivers judgement: Continue to pay VAT to us, FIRS tells taxpayers

Admin 1 3 years ago

by Aderemi Ojekunle The Federal Inland Revenue Service (FIRS) has directed taxpayers in the country to continue to pay value-added tax (VAT) to the agency to avoid facing penalties for failing to do so. Abdullahi Ahmad, FIRS spokesperson, stated this […]