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FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV (19352 Views)

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Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by kamaldin(m): 1:25pm On Jul 08
Fahdiga:
Money that will still be looted by Tinubu and Co
Your level of reasoning needs urgent auditing. We are talking of federal matter here, u dey call Tinubu

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by martooski(m): 1:26pm On Jul 08
DSTV should settle the gbese. They can't try this in South Africa
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by badoh(m): 1:32pm On Jul 08
Wiseandtrue:

Unfortunately, it's the masses that will be at the receiving end of this regime's maladministration, recklessness and wickedness towards the masses!

Una don collect bribe from them tire, now you want to milk them totally!

Because it's not possible for a company since inception not to pay tax and all those concerned in collecting tax just looked on undecided

Know this today, if you are currently living in Nigeria, you can survive anywhere!
Oga, the accusation is on Value Added Tax(VAT) and not income tax.
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Nobody: 1:43pm On Jul 08
seunaj:
Finally, they want to make DSTV unaffordable. # Buhari must go seh!
I fault DSTV in the strongest terms anyway. They are chief extortionist yet they don't pay tax. Káà kulu fún yín ó. The only problem here is that DSTV does not have any problems with this development at all because they will still use it to extort the masses and give returns to the Federal government. They only throw jabs at one another in the open, they are partners in crime in the dark. 100% on the masses, masses on God.

I am not a fan of this government, but if you can afford DSTV you aren't one of the poor masses.

2 Likes

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Rayjnr: 1:44pm On Jul 08
MOVIC6:
Fg looking for every means of getting fund, as them be chronic debtors.
I heard the want to chook hand inside people’s money, how true...?

If they lay any allegation against your country do you ever ask how true
Trying to take sides with a foreign company against your nation, but always blaming police for guarding the expatriates who cheat Nigerian labourers,
Let's stand up for our country no marrer how baad, you can be Mr President tomorrow. Thanks.
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Nobody: 1:46pm On Jul 08
Amotolongbo:
shocked shocked shocked
Yet they keep on increasing the subscription at will

No Nigerian company or enterprise, small, medium or large can try this in South Africa

In fairness to DSTV, even with the 'increases' we still pay less than they do in South Africa...indeed than in many African countries.

DSTV compact in SA costs 11,710 naira. In Nigeria, it is N7900 per month for example.

2 Likes

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by seunaj: 1:46pm On Jul 08
Beancounter93:


I am not a fan of this government, but if you can afford DSTV you aren't one of the poor masses.
Any masses can afford 1800 per month if it's a priority.
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by famouscargo4u: 1:48pm On Jul 08
seunaj:
Finally, they want to make DSTV unaffordable. # Buhari must go seh!
I fault DSTV in the strongest terms anyway. They are chief extortionist yet they don't pay tax. Káà kulu fún yín ó. The only problem here is that DSTV does not have any problems with this development at all because they will still use it to extort the masses and give returns to the Federal government. They only throw jabs at one another in the open, they are partners in crime in the dark. 100% on the masses, masses on God.

This has nothing to do with increased tariffs. It simply means that Multichoice refused to remit the VAT they charged from their subscribers
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by seunaj: 1:49pm On Jul 08
famouscargo4u:


This has nothing to do with increased tariffs. It simply means that Multichoice refused to remit the VAT they charged from their subscribers
have they been charging VAT
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Nobody: 1:50pm On Jul 08
seunaj:
Any masses can afford 1800 per month if it's a priority.

I doubt most of the masses can afford DSTV....even at basic package.

There are 2.5 million DSTV subscribers in Nigeria, out of a payTV market of 5.2 million and there are 200 million of us.

I doubt most Nigerians have a DSTV package. It is the privilege only a tiny minority can affrod.

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by seunaj: 1:57pm On Jul 08
Beancounter93:


I doubt most of the masses can afford DSTV....even at basic package.

There are 2.5 million DSTV subscribers in Nigeria, out of a payTV market of 5.2 million and there are 200 million of us.

I doubt most Nigerians have a DSTV package. It is the privilege only a tiny minority can affrod.
Wonderful analysis. God I am grateful

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Solsix(m): 2:02pm On Jul 08
Amotolongbo:
shocked shocked shocked
Yet they keep on increasing the subscription at will

No Nigerian company or enterprise, small, medium or large can try this in South Africa
Will south Africans even patronise them?? This day went there they didn't give them advert and the company close shop. Access have gone there and they are saying they won't patronise them

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Whiteways: 2:07pm On Jul 08
dmbb:
Good development that's why you can't compare any party with APC. They always adhere to the international best practice in whatever they do

R u r u r u Norma?

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Michealeni: 2:08pm On Jul 08
I noticed that they have changed the company use for payment on their site to a new one which is base in Nigeria...this must be the reason...
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by COMPAQ(m): 2:13pm On Jul 08
There are two sides to every story. No one has heard the DSTV side of the story, yet we are castigating the company. How many of us castigating willingly pay tax sef, if not deducted at source as part of PAYEE.

I know full well that often times, people in government who have no clue of the terms of agreements signed etc, cry blue murder only to investigate deeper and find things are not as they seem. This has happened soooo many time in the oil sector with sensational claims of IOC's owe $30bln and this and that and they usually end up being false, because our unlearned senators and govt officials dont even understand the agreements that were signed.

2 Likes 1 Share

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by COMPAQ(m): 2:16pm On Jul 08
Beancounter93:


In fairness to DSTV, even with the 'increases' we still pay less than they do in South Africa...indeed than in many African countries.

DSTV compact in SA costs 11,710 naira. In Nigeria, it is N7900 per month for example.

People no dey gree understand o. They will come for you very soon, when all it requires is a google search. Argument will be that is minimum wage same as those places, but is that DSTV fault? Does the inability of the government to pay its workers a fair wage reduce the cost to DSTV of providing the service?

3 Likes

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by ubee: 2:20pm On Jul 08
“They (foreign companies) do with impunity in Nigeria what they dare not try in their countries of origin,” the tax agency lamented.

“The issue with Tax collection in Nigeria, especially from foreign-based Companies conducting businesses in Nigeria and making massive profits is frustrating and infuriating to the Federal Inland Revenue Service (FIRS). “Regrettably, Companies come into Nigeria just to infringe on our tax laws by indulging in tax evasion.

FIRS - a typical Nigerian government parastatal.
Filled with unqualified, underperforming, incompetent, and fraudulent officials in the higher echelons of the agency.

Which country's tax agency oversees a terrain where they are owed over 300 million dollars by a single business entity?
Was FIRS sleeping all these past years resulting in this type of crazy Tax debt?

There is no valid explanation FIRS can give that exonerates them of incompetency on this matter. It is crazy.

FIRS is right when they say these foreign countries do here what they can't do in other countries - and that's because the Tax agencies in those countries are run by professionals who are actually qualified and competent for the job. Disgrace.

5 Likes

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Gainman: 2:20pm On Jul 08
afroniger:


It seems your hatred for Tinubu has started clouding your sense of judgement. FIRS is a FEDERAL tax and revenue collection agency. It has nothing to do with Tinubu or Lagos. Stop derailing serious threads with your pettiness.
this is not about hating Tinubu. He said d truth and u know it. If is not Tinubu another person will loot it.

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by kolaaderin: 2:23pm On Jul 08
Baawaa:
1.8trillion is too much,what are they looking at before the money accumulate to this sum
They must have been bribing their way out of tax throughout the years, Paying criminals to look else where, now the chips is down, those criminal has gone with what is supposed to be part of the real payment. They may have used a quarter of the money in Bribing.

1.8 Trillions will definitely send them out market

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Winneygirl(f): 2:25pm On Jul 08
Anyone who believes this does not know what FIRS does to businesses.
Firstly, they are only now trying to digitize the process.
There is no reason why they should not have an online portal where companies can file their tax returns. It is largely manual.
You need to go to their office monthly to file tax returns.
Even after filing for years, because they do too much paper work, they'll wake up one day and claim that your business has not paid any tax since inception. It will now be on you to start providing proof of payment from inception.
They will fine you for any period you are unable to show filing for.
This FIRS position is just bogus! They want to milk DSTV/Multichoice dry.

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by kolaaderin: 2:26pm On Jul 08
Gainman:
this is not about hating Tinubu. He said d truth and u know it. If is not Tinubu another person will loot it.
so for the reason Nigeria should forget about the money abi, what exactly is the logic of this arguement

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by naijapips02: 2:33pm On Jul 08
1083three:
[s]

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Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by sojnaija(m): 2:36pm On Jul 08
Goldbw122:
All we hear in this country is trillions nonenis used for the development of the nation

which one did they use for the rails, for the roads, for the schools, for the pmt of stipends to 774,000, for the N-Power, for running the ministries, for bailing out the states, etc?
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Kubernetes: 2:44pm On Jul 08
There most have been a connivance btw the past gvts, the past firs boss and the Multichoice, else how could such a huge tax sum got swept under
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by litigator(m): 2:47pm On Jul 08
afroniger:


https://tribuneonlineng.com/firs-appoints-banks-to-recover-n1-8trn-taxes-from-dstv/

So if they didn't open their financial and other books, how did you access their taxes and for what year?

This govt and half baked stories.

I agree that most companies underpay their taxes. But the truth remains that it is the Nigerian tax officers that usually enable these things.

1 Like

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by ayenale1(m): 2:51pm On Jul 08
Dstv Gotv for sale...who wan buy
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by Wiseandtrue(f): 2:56pm On Jul 08
badoh:

Oga, the accusation is on Value Added Tax(VAT) and not income tax.
I guess the VAT you said so casually is no so important

So why ask for it now

Don't tell me that FIRS is just noticing for the first time undecided

Mind you, none has been remitted!
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by nedekid: 2:58pm On Jul 08
Amotolongbo:
shocked shocked shocked
Yet they keep on increasing the subscription at will

No Nigerian company or enterprise, small, medium or large can try this in South Africa
How much do you buy petrol, gas, foodstuff, bread, airline ticket? How much is sardine? 2003 corolla that was 1.2m is now 2.3m and above.
How then do you expect dstv not to increase prices considering they hold franchises from abroad ($$$$) and run increased local expenses same as every other business?
Abi don't you know dollar is now 510?
Infact dstv has been quite reasonable in with their price increases.
Blame your gov for the messed up state of the economy instead and nta that cannot give you content despite all the billions spent on them.

4 Likes 1 Share

Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by nosmassam(m): 3:11pm On Jul 08
You can imagine, just a minute extra subscription no dey dem dstv
Re: FIRS Appoints Banks To Recover N1.8trn Taxes From DSTV by meobizy(f): 3:17pm On Jul 08
Kai, Naija government wan finally pursue these people. If they disappear from the country, things will only get worse for us. Make them no try am, abeg, I can’t cope with watching stupid Arab stations.

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