Tuesday, January 25, 2022
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Malami: States have no valid claim on VAT collection… it’s on exclusive legislative list

    Malami: States have no valid claim on VAT collection… it’s on exclusive legislative list

Abubakar Malami, attorney-general of the federation, says no state has the power to lay claim to the collection of value-added tax (VAT) in the country. Malami said this on Friday,

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FG mulls taking Rivers, Lagos to supreme court over VAT collection

    FG mulls taking Rivers, Lagos to supreme court over VAT collection

The federal government says it is considering filing a suit at the supreme court to resolve the ongoing dispute about value-added tax (VAT) collection. The Federal Inland Revenue Service (FIRS)

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VAT controversy: Need to avoid fiscal anarchy

    VAT controversy: Need to avoid fiscal anarchy

Background: The Federal High Court, Port Harcourt Division, recently delivered a judgement in the case between the Attorney General for Rivers State and Federal Inland Revenue Service (‘FIRS”) & Attorney General

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FG, Lagos set for confrontation over imposition of VAT on imports

    FG, Lagos set for confrontation over imposition of VAT on imports

Tax on imports provided by the Lagos state’s value-added tax (VAT) law may prove to be the next point of contention between the state and the federal government.  On Friday,

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EXPLAINER: How VAT collection by states may affect businesses

  EXPLAINER: How VAT collection by states may affect businesses

Rivers and Lagos state governments have implemented a law empowering them to collect value-added tax (VAT) from businesses other than

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‘Restructuring has already begun by force’ — Moghalu backs Rivers VAT ruling

  ‘Restructuring has already begun by force’ — Moghalu backs Rivers VAT ruling

Kingsley Moghalu, former presidential candidate of the Young Progressives Party (YPP), has described the recent judgment of the federal high

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The tax rivers and President Buhari’s latest value added trouble (VAT)

  The tax rivers and President Buhari’s latest value added trouble (VAT)

On November 27, 2013, a group of uniformed men destroyed 240,000 bottles of beer in Kano state, northwestern Nigeria. These

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VAT judgement: ‘Maintain status quo, don’t panic’ — FIRS tells taxpayers

  VAT judgement: ‘Maintain status quo, don’t panic’ — FIRS tells taxpayers

The Federal Inland Revenue Service (FIRS) has asked taxpayers not to panic over the recent court ruling by the federal

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Wike: We may reimpose lockdown if COVID infections increase beyond tolerable limits

  Wike: We may reimpose lockdown if COVID infections increase beyond tolerable limits

Nyesom Wike, governor of Rivers, has threatened to reimpose lockdown in the state, if the coronavirus case count records a

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Fresh headache for Secondus as Rivers PDP ward suspends him

  Fresh headache for Secondus as Rivers PDP ward suspends him

The executive committee of the Peoples Democratic Party (PDP) ward 5 in Ikuru, Andoni LGA of Rivers state, has suspended

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