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FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic (17522 Views)

Masari On VAT: Northern States Responsible For Lagos, Rivers Development / VAT Collection: Appeal Court Orders Rivers, Lagos To Maintain Status Quo / Muhammad Magaji Begs Southern States On VAT, Says Let’s Be Our Brothers' Keeper (2) (3) (4)

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Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by colestephan86: 4:22am On Sep 07, 2021
Mickiebrownkie:
https://independent.ng/firs-affirms-position-on-vat-collection-urges-tax-payers-not-to-panic/
It is the state that should be collecting VAT, it's one of the ways peters money is being handed to Paul .
How can some states be generating money while other only wait to collect. That's why many northern states are so redundant and ineffective.
If they want money they should generate it themselves.

2 Likes

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by colestephan86: 4:28am On Sep 07, 2021
Grgton:
Wicked wike

Always protecting Rivers Interest
It's not about Wike, it's about working to earn your money.
It is easier to setup businesses in the south than the north and it's cos if policies by the states on ease of doing business. Yet some criminals want to steal their reward

3 Likes

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Nobody: 5:25am On Sep 07, 2021
Terrence99:


But the same Supreme Court gave Bayelsa to PDP. You didn't mention that.

Lagos has previously taken this matter to the State High Court and Court of Appeal, only for the SC to upturn it because it wasn't decided at the Federal High Court. Now, Rivers has taken it to the Federal High Court and the entire North is in disarray.
If you see as this news sweet me

Only parasites are against it, me i don't even want oil sef, let all states develop themselves and tax it

Wetin north go see tax

Cow their major business is free

They have the cheapest of cheapest standard of life for the poorest as they are, so if they tax how can they survive
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by peeps4u: 5:40am On Sep 07, 2021
aguiyi2:
Why put Tax payers in a difficult position?. A case of between the devil and the deep blue sea. Corporate bodies in Rivers State, I pity una.

It is a simple thing; the standing law has mandated everyone to remit their VATs to the state govt, until it is reversed by higher court or there is a stay of execution, which FIRS has failed to get from the court. Anyone who acts otherwise, especially in Rivers state, only seeks trouble and has himself to blame if the state govt punishes such firm.

Don't forget Rivers state has passed the new VAT into law already.

6 Likes 1 Share

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Blitzerz: 6:01am On Sep 07, 2021
All southern states must double down on this.

5 Likes

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by sinkhole: 6:20am On Sep 07, 2021
JosephXavier:
This is economic restructuring which we all support

Let each state collect their tax.

Kano state doesn't like alcohol but would get tax collected from Hero in Anambra and trophy in Ogun state and still go ahead ahead to destroy their products in Kano

Let all state collect their tax so that Kano can forfeit tax generated from beer since they banned it's consumption
Trophy dey Ilesha for State of Osun cheesy
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by perestroika19: 6:39am On Sep 07, 2021
sinkhole:
Trophy dey Ilesha for State of Osun cheesy
It's also in Ogun. Though it traditionally belongs to Ilesa in Osun State They just opened their biggest brewery in Nigeria in Ogun state less than 5 years ago

4 Likes

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by descarado: 6:54am On Sep 07, 2021
Wish Rivers and Lagos win this.
Na im be say South is free from roaches bc the remaining states will follow sharp sharp.

After that, comes state police.
What more
All others will fall into line.
Enough. Southern men are not inferior to Northern men.
They should put these people were they belong.

2 Likes 1 Share

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by bayelsaowei(m): 6:54am On Sep 07, 2021
Terrence99:
Oponu, you incompetent fools in FIRS wanted to apply for stay of of execution pending appeal, you wrote a letter to the court. Is that procedure gotten by writing letters? Dumb fools. Your entire legal department of FIRS should be sacked. That is what happens when you use tribalism, favouritism and political loyalty to recruit lawyers. Shebi FIRS is fond of underground recruitments, You fools will learn the hard way. You will learn by force that government work is not for blockheads and misfits.

There are 3 things you don't recruit with tribalism: your lawyer, your doctor, your pilot.

As for the North, better start looking for how you wil tax banditry and kidnapping. By the time the South is done with you, you will be begging Nigerian Breweries to establish their factory beside the Sultan's Palace.
grin..they are just plain foolish...they definitely want to keep benefiting from where they never invested in...

1 Like

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Hungarriman: 7:03am On Sep 07, 2021
Terrence99:
Oponu, you incompetent fools in FIRS wanted to apply for stay of of execution pending appeal, you wrote a letter to the court. Is that procedure gotten by writing letters? Dumb fools. Your entire legal department of FIRS should be sacked. That is what happens when you use tribalism, favouritism and political loyalty to recruit lawyers. Shebi FIRS is fond of underground recruitments, You fools will learn the hard way. You will learn by force that government work is not for blockheads and misfits.

There are 3 things you don't recruit with tribalism: your lawyer, your doctor, your pilot.

As for the North, better start looking for how you wil tax banditry and kidnapping. By the time the South is done with you, you will be begging Nigerian Breweries to establish their factory beside the Sultan's Palace.
Guyyyyyyyyyyyy Guyyyyyyyyy

2 Likes

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by NinjaMetahuman: 7:12am On Sep 07, 2021
ThierryJay:


Actually, it was a relatively unknown private law firm in Port Harcourt, Ukala & Co. that first took FIRS to court over the VAT issue when FIRS slammed huge VAT liabilities on them. When they won the case sometimes around June this year, that was when Wike saw that he could ride on the Ukala judgement to challenge FIRS statewide. So while Wike can still be considered a hero, he had some precedence to help him out here. The private firm is the bigger hero for starting the chain of events!
what's the name of the firm?

Can't find it in Google.

1 Like 1 Share

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by SweetiliciousD: 7:32am On Sep 07, 2021
Terrence99:


There is absolutely NOTHING Buhari can do about this. I just checked the Exclusive and Concurrent lists in the Constitution and there's no way the FIRS can escape this. VAT was introduced in 1993, it wasn't always with us.

Once it concerns legal matters, the North always loses out. That is why you see Buhari running to the South to pick lawyers for his election petition.

Hmmmm that word "Law" in the zoo

Hmmmmm ok ooo
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by tonyashburton: 7:36am On Sep 07, 2021
The Federal High Court basically says the VAT Act is not a barrier to Rivers State collection of VAT and FIRS can't seem to understand what a court ruling is.The ruling means the status quo changes UNTIL an appellate court decides otherwise.
OK let's wait for the Appeal Court to have its say.

2 Likes 1 Share

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Stakeholders(m): 8:27am On Sep 07, 2021
[color=#006600][/color]That's why I prefer Wike to Secondus. Secondus want PDP chairman meaning that PDP presidential candidate will be from North God forbid bad thing,
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Comedian2019: 8:27am On Sep 07, 2021
No more sharing of VAT with Sharia north. HISBA should start to tax bandits, BH, ISWAP, kidnappers and Mosques.
Awon oponu.

1 Like

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Nobody: 8:35am On Sep 07, 2021
ThierryJay:


Actually, it was a relatively unknown private law firm in Port Harcourt, Ukala & Co. that first took FIRS to court over the VAT issue when FIRS slammed huge VAT liabilities on them. When they won the case sometimes around June this year, that was when Wike saw that he could ride on the Ukala judgement to challenge FIRS statewide. So while Wike can still be considered a hero, he had some precedence to help him out here. The private firm is the bigger hero for starting the chain of events!
Interesting, it's just amazing that all the other lawyers, SANs, State Attorney Generals never saw this all this time.

EDIT: I did some further digging and apparently there have been many cases challenging the federal govt including ogun state and recently lagos state.

https://barristerng.com/an-evaluation-of-value-added-tax-vat-and-the-decisions-in-al-maseer-law-firm-vs-firs-2019-12-nwlr-part-1687555-573-emmanuel-chukwuka-ukala-v-firs-reported-ag-rivers-v-firs-unreported/

Apparentl

1 Like 1 Share

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by henrijin: 8:43am On Sep 07, 2021
Chukwuka16:


Fixed that for you.

Very apt. I wanted to add that.
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by omoluka: 8:44am On Sep 07, 2021
JosephXavier:
This is economic restructuring which we all support

Let each state collect their tax.

Kano state doesn't like alcohol but would get tax collected from Hero in Anambra and trophy in Ogun state and still go ahead ahead to destroy their products in Kano

Let all state collect their tax so that Kano can forfeit tax generated from beer since they banned it's consumption
Religion is truly the opium of the people
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Nobody: 8:48am On Sep 07, 2021
NinjaMetahuman:
what's the name of the firm?

Can't find it in Google.
https://barristerng.com/an-evaluation-of-value-added-tax-vat-and-the-decisions-in-al-maseer-law-firm-vs-firs-2019-12-nwlr-part-1687555-573-emmanuel-chukwuka-ukala-v-firs-reported-ag-rivers-v-firs-unreported/
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by NinjaMetahuman: 8:58am On Sep 07, 2021
perambulator:

https://barristerng.com/an-evaluation-of-value-added-tax-vat-and-the-decisions-in-al-maseer-law-firm-vs-firs-2019-12-nwlr-part-1687555-573-emmanuel-chukwuka-ukala-v-firs-reported-ag-rivers-v-firs-unreported/
thanks
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Nobody: 9:04am On Sep 07, 2021
rave409:
We might end up paying double tax.
we are already. Nigerians dont know how to impose vat, many items are levied vat multiple times. In the uk, busineses pay ex-vat and only levy vat on their final output. If another business buys that product, he can claim the vat paid (if any) and is only oblidged to pay VAT only on the final product it sells. Thats how VAT should work.

But in Nigeria you will mine and sell aluminium ore (bauxite) and you pay vat , the company rolling it to alumimum sheets will pay vat, the person making roofing sheets will pay vat, the distributtor will pay vat, the retailer will pay vat, when you get a contract the contractor will pay vat again on the roofing sheets. all these VAT paid are compounded VAT on already paid VAT!!! Kilode!!!!

Wheras every body in the process should be able to deduct the vat he paid and only the final consumer is the only one who cannot deduct and therefore pays the total VAT.

thats why it is called value added tax, each time you add value to a product you pay tax on the Incremental value added (e.g turning it from bauxite to roofing sheets) not on the total value of the product.
Everybody in the chain should be able to claim back any vat paid as it is only the final consumer that is supposed to pay VAT.

1 Like

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by 41lady(m): 9:04am On Sep 07, 2021
I love what wike is doing to my northerners. Let them collect VAT from jerky beef sellers and kolikoli producers
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by ThierryJay: 9:19am On Sep 07, 2021
NinjaMetahuman:
what's the name of the firm?

Can't find it in Google.

Search for Ukala v. FIRS

Modified: Just saw that perambulator has given you the reference.
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by aviara: 9:21am On Sep 07, 2021
Nyesome Wike, the father of true federalism and economic restructuring in Nigeria. The man who single handedly reset the economic inequalities in Nigeria.

4 Likes

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by ThierryJay: 9:29am On Sep 07, 2021
perambulator:

Interesting, it's just amazing that all the other lawyers, SANs, State Attorney Generals never saw this all this time.

EDIT: I did some further digging and apparently there have been many cases challenging the federal govt including ogun state and recently lagos state.

https://barristerng.com/an-evaluation-of-value-added-tax-vat-and-the-decisions-in-al-maseer-law-firm-vs-firs-2019-12-nwlr-part-1687555-573-emmanuel-chukwuka-ukala-v-firs-reported-ag-rivers-v-firs-unreported/

Apparentl

Yes you know it takes a whole lot of due diligence and confidence to challenge established status quos nationwide. Even at that, Lagos state had also previously displaced FIRS from collecting VAT from Hotels, restaurants and other hospitality companies. I even think the Ukala firm then used that Lagos judgement to push for its application to all tax paying entities instead of hospitality sector alone.

I'm seriously interested to see how the Supreme court will wiggle its way technically around this one to favour FIRS cos the judgement is watertight!

1 Like

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by misterjosh(m): 9:30am On Sep 07, 2021
Why will taxpayers panic . It's the leeching state governors that have refused to develop the revenue potentials of their respective states that have cause to panic.
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Jaybee8181(m): 9:30am On Sep 07, 2021
Let everyone starts collecting their own... Your street, town, local govt. State and federal .... these Nigerians never suffer reach
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by ThierryJay: 9:40am On Sep 07, 2021
Evercurious:


Then all these lawyers should start checking out the constitution to take advantage of some hidden facts... Enough of all these Northern nonsense

Lol, you are right. But not many professionals/Companies have the balls to challenge widely established status quos at Federal level without fearing for backlash on their business welfare. So they'd rather play safe.
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by rayvelez(m): 9:58am On Sep 07, 2021
SKYHIGHfx:
In this kind of reasoning u won't find that nama @mannabbqrills
You think that boy have brain of it’s own, you can’t see him in constructive argument post. Very useless dullard fellow.

1 Like 1 Share

Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Hectarus(m): 10:02am On Sep 07, 2021
Terrence99:
Oponu, you incompetent fools in FIRS wanted to apply for stay of of execution pending appeal, you wrote a letter to the court. Is that procedure gotten by writing letters? Dumb fools. Your entire legal department of FIRS should be sacked. That is what happens when you use tribalism, favouritism and political loyalty to recruit lawyers. Shebi FIRS is fond of underground recruitments, You fools will learn the hard way. You will learn by force that government work is not for blockheads and misfits.

There are 3 things you don't recruit with tribalism: your lawyer, your doctor, your pilot.

As for the North, better start looking for how you wil tax banditry and kidnapping. By the time the South is done with you, you will be begging Nigerian Breweries to establish their factory beside the Sultan's Palace.
Add Engineer and Architect please.. grin grin grin
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by Evercurious(f): 10:30am On Sep 07, 2021
ThierryJay:


Lol, you are right. But not many professionals/Companies have the balls to challenge widely established status quos at Federal level without fearing for backlash on their business welfare. So they'd rather play safe.

Okay. Atleast this one shld give them enough guts
Re: FIRS Affirms Position On VAT Collection, Urges Tax Payers Not To Panic by pak: 12:15pm On Sep 07, 2021
Terrence99:
Oponu, you incompetent fools in FIRS wanted to apply for stay of of execution pending appeal, you wrote a letter to the court. Is that procedure gotten by writing letters? Dumb fools. Your entire legal department of FIRS should be sacked. That is what happens when you use tribalism, favouritism and political loyalty to recruit lawyers. Shebi FIRS is fond of underground recruitments, You fools will learn the hard way. You will learn by force that government work is not for blockheads and misfits.

There are 3 things you don't recruit with tribalism: your lawyer, your doctor, your pilot.

As for the North, better start looking for how you wil tax banditry and kidnapping. By the time the South is done with you, you will be begging Nigerian Breweries to establish their factory beside the Sultan's Palace.


You are too harsh my brother.

This one enter well well

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