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RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs - Business - Nairaland

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RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by deturla: 6:08pm On Jul 27, 2017
- Federal government agencies domiciled in certain states have failed to remit Pay as You Earn (PAYE) that have accrued over the years

- 40 billion still expected to be uncovered.

- Adamawa, Borno, Delta, Ebonyi, Katsina & Kebbi States given clean bill of health for tax compliance.

Recall that the Federal Inland Revenue Service has announced in 2011 that it would soon begin to wield the heavy arms of the law on government agencies over issues related to tax non-compliance; a situation that subsequently led to the arrest of Federal Capital Development Authority (FCDA) Chief, Adami Ismaila, over N28 billion unremitted taxes, a recent tax recovery exercise by Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has led to the discovery of N115, 811, 884,454.01 tax liabilities against a number of federal and states’ Ministries, Departments and Agencies (MDAs).

The local government council were also not left out of these revelations by RMAFC as they were entangled in the tax liabilities as well.

RMAFC’s Head of Public Relations, Ibrahim Mohammed, made this known in a statement yesterday that the commission was able to ascertain the amount as tax liabilities from the first phase of the tax investigation and recovery exercise carried out for the period 2005 – 2015 in 30 states.

He also said that N40 billion were still expected to be uncovered since the exercise is 10% away from completion. The concluding phase will have the commission shine its light on Bauchi, Cross River, Edo, Enugu and River States.

The statement further said that all states charged in this tax brouhaha has indicated their willingness to remit the liabilities and pleaded for waiver of penalty of N24,030,004,256.31 comprising N9,748,742,417.28 penalty and N14,281,261,839.03 interest respectively.

The statement also included the clean health status given to Adamawa, Borno, Delta, Ebonyi, Katsina & Kebbi States as they are were tax compliant.

Ibrahim Mohammed also stated in the statement that “in the course of the exercise, it was discovered that some Federal Government Agencies domiciled in the States were not remitting Pay As You Earn (PAYE) to the state governments thus depleting their Internally Generated Revenue (IGR) base.”

The commission also advised states like Bauchi, Cross River, Edo, Enugu and Rivers which are yet to join in the exercise to participate in the spirit of equity and fair play since they also reap from the dividends of tax proceeds remitted by other States.

My questions are:

a. What is the basis for the States holding on to these funds from 2005 and why will they plead for tax penalty and interest waiver?

b. Since their corporate and individual counterparts fail the full weight of the law over tax compliance issues, then they should also be made to face such sanctions as well?


What do you think?


https://www.taxprof.com.ng/rmafc-discovers-115bn-tax-liabilities/

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by omophunky(m): 9:10pm On Jul 27, 2017
They can do whatever they with themselves...

4 Likes

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by masada: 9:11pm On Jul 27, 2017
government stealing from government
how ironic

9 Likes

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by kn23h(m): 9:11pm On Jul 27, 2017
grin
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by stankezzy: 9:12pm On Jul 27, 2017
Na waa oo

5 Likes

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by ekensi01: 9:12pm On Jul 27, 2017
I have quit, from now on i would stop commenting on stolen money tread.

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by lokotamak(m): 9:12pm On Jul 27, 2017
good

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by sheunpompey1: 9:12pm On Jul 27, 2017
Thieves everywhere

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by Nobody: 9:12pm On Jul 27, 2017
Problem is that the enforcement has been very weak or totally non-existent. They only make noise in the media for 'the smaller animals' to get the impression that 'the bigger animals' are serious about the business of governance. In the actual sense, they just settle themselves and everyone goes to sleep.
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by Laple0541(m): 9:12pm On Jul 27, 2017
What a nation...
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by Bolustical: 9:12pm On Jul 27, 2017
This country still has a long way to go,

Despite all the money we made during the oil boom, we could not even upgrade our civil service through automation and prevent frauds as this,

It was even hard for the previous governments to implement TSA, everyone was just stealing here and there,

How on earth would states keep back N115b since 2005 and everything is just coming to light 12 years later?

What would it cost us to be serious for once in this country?

13 Likes 2 Shares

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by Kennitrust(m): 9:13pm On Jul 27, 2017
the figures of money in the media

the suffering of people in Nigeria
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by Lanre4uonly(m): 9:16pm On Jul 27, 2017
Outrageous figures everywhere.

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by maklelemakukula(m): 9:16pm On Jul 27, 2017
stankezzy:
Na waa oo
lai mooHamed grin grin

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by seunny4lif(m): 9:16pm On Jul 27, 2017
I no understand anything

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by erico2k2(m): 9:16pm On Jul 27, 2017
deturla:
- Federal government agencies domiciled in certain states have failed to remit Pay as You Earn (PAYE) that have accrued over the years

- 40 billion still expected to be uncovered.

- Adamawa, Borno, Delta, Ebonyi, Katsina & Kebbi States given clean bill of health for tax compliance.

Recall that the Federal Inland Revenue Service has announced in 2011 that it would soon begin to wield the heavy arms of the law on government agencies over issues related to tax non-compliance; a situation that subsequently led to the arrest of Federal Capital Development Authority (FCDA) Chief, Adami Ismaila, over N28 billion unremitted taxes, a recent tax recovery exercise by Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has led to the discovery of N115, 811, 884,454.01 tax liabilities against a number of federal and states’ Ministries, Departments and Agencies (MDAs).

The local government council were also not left out of these revelations by RMAFC as they were entangled in the tax liabilities as well.

RMAFC’s Head of Public Relations, Ibrahim Mohammed, made this known in a statement yesterday that the commission was able to ascertain the amount as tax liabilities from the first phase of the tax investigation and recovery exercise carried out for the period 2005 – 2015 in 30 states.

He also said that N40 billion were still expected to be uncovered since the exercise is 10% away from completion. The concluding phase will have the commission shine its light on Bauchi, Cross River, Edo, Enugu and River States.

The statement further said that all states charged in this tax brouhaha has indicated their willingness to remit the liabilities and pleaded for waiver of penalty of N24,030,004,256.31 comprising N9,748,742,417.28 penalty and N14,281,261,839.03 interest respectively.

The statement also included the clean health status given to Adamawa, Borno, Delta, Ebonyi, Katsina & Kebbi States as they are were tax compliant.

Ibrahim Mohammed also stated in the statement that “in the course of the exercise, it was discovered that some Federal Government Agencies domiciled in the States were not remitting Pay As You Earn (PAYE) to the state governments thus depleting their Internally Generated Revenue (IGR) base.”

The commission also advised states like Bauchi, Cross River, Edo, Enugu and Rivers which are yet to join in the exercise to participate in the spirit of equity and fair play since they also reap from the dividends of tax proceeds remitted by other States.

My questions are:

a. What is the basis for the States holding on to these funds from 2005 and why will they plead for tax penalty and interest waiver?

b. Since their corporate and individual counterparts fail the full weight of the law over tax compliance issues, then they should also be made to face such sanctions as well?


What do you think?


https://www.taxprof.com.ng/rmafc-discovers-115bn-tax-liabilities/


HAHAHA OYAAAAA FIRS OVA TO YOU

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by EnkayDezign: 9:28pm On Jul 27, 2017
deturla:


The statement also included the clean health status given to Adamawa, Borno, Delta, Ebonyi, Katsina & Kebbi States as they are were tax compliant.


Where are the wailers crying that Northern states are parasites? Well we can all see now that out of 6 states given a clean status, 4 are from the north. Even Borno and Adamawa that have insurgents to deal with have managed to pay their taxes. What excuse does Akwa Ibom, Rivers, Kano and others have?

3 Likes 1 Share

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by Virtualaccounts: 9:34pm On Jul 27, 2017
Dear Small Business Entrepreneur,

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Let's help you clear the mess for shikini money. Registration, computations and filing of returns.

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6 Likes 4 Shares

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by VivaLaFrans: 9:37pm On Jul 27, 2017
I thought RMAFC stands for Real Madrid FC.... Back to business... The only way to get a new Nigeria is by formatting the memory of everyone above the age of 6, starting from past men who still wants to rule...

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by Dutchey(m): 9:46pm On Jul 27, 2017
if only i could blow whistle 4 dis kind money
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by teozey111(m): 9:54pm On Jul 27, 2017
Nigeria just need to wipe out a whole lot of people just to get there.....maybe half way
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by udees: 10:13pm On Jul 27, 2017
Do you care to find out what the useless present federal government is asking the state to pay--they are asking akwa ibom state to to pay tax on inland water that is not operational,,they are asking akwa ibom state the tax on federal roads that federal government did not built but those roads were builts by the state goivernment which the state is asking the useless federal government to pay back the money [about 174 billion use in building the federal roads during akpabio regime--u donot care to ask questions on what type of tax are they asking the states to pay--states with no federal presence are being asked to remit tax from where--[from institutions that belongs to the states-or the ones that state bult for the federal government that they cannot pay back the money to the states----stop reacting to what yopu dont know just because you want to comment ignorantly
EnkayDezign:


Where are the wailers crying that Northern states are parasites? Well we can all see now that out of 6 states given a clean status, 4 are from the north. Even Borno and Adamawa that have insurgents to deal with have managed to pay their taxes. What excuse does Akwa Ibom, Rivers, Kano and others have?

2 Likes 1 Share

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by KingGBsky(m): 10:24pm On Jul 27, 2017
I'm just here to click like for the post I like grin
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by burkingx(f): 10:48pm On Jul 27, 2017
shocked

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by burkingx(f): 10:55pm On Jul 27, 2017
Dutchey:
if only i could blow whistle 4 dis kind money

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by franchuks(m): 12:00am On Jul 28, 2017
Nigeria, I hail thee. A country where anything goes!
Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by maisauki: 7:27am On Jul 28, 2017
Bolustical:
This country still has a long way to go,

Despite all the money we made during the oil boom, we could not even upgrade our civil service through automation and prevent frauds as this,

It was even hard for the previous governments to implement TSA, everyone was just stealing here and there,

How on earth would states keep back N115b since 2005 and everything is just coming to light 12 years later?

What would it cost us to be serious for once in this country?
It'll cost us our unseriousness

1 Like

Re: RMAFC Discovers N115bn Tax Liabilities Owed By FG, States MDAs by salesforce: 9:04am On Jul 28, 2017
Really

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