They should even lose everything abeg

How can Hisba states be collecting VAT from alcohol sales. Is that not hypocrite ??


States generating the VAT will be getting little token all in the name of population, derivation and equality bla bla bla what sort of rubbery is that?? Injustice and ingredients...

My own question is... Why will you take VAT from Lagos and share with Sokoto?

Mbok, let every VAT be spent in the state it is generated.

May GOD bless court of abeg.

Naso

Typical northern way of thinking.

saferoom:
Mark my words. VAT under FIRS is 1000 far better than VAT under states. These states behave like terror to businesses and companies. Ordinary building Approvals, and market taxes, they suffer land owners, SMEs and Market sellers. Is it VAT that they can handle?

Wike friendliness with the laws, judges and advocate have paid off by this his discovery of vat to be collected by state not federal ...

Smart move ,


Business should also brace up for state tax collection

Let States takeover their domain. " to whom much is given, much is needed from him" let this stand so we'll face our governors for total transformation

A welcome development! Those that are destroying beer should go ahead.

Aufbauh:
So many people are not educated about this VAT issue, but trust Nigerias very sentimental people they want to react.

SHUT UP!!!

WE ARE SAYING NO TO PARASITIC RELATIONSHIP

What's Billiom?



Good morning, please read my signature.

I have beautiful cotton bedsheet as low as 4k with 4pillowcases

What is "Billiom" ?

#92 billion naira is a whole lot of money... Money flying everywhere all over Nigeria..

Let states control their resources. Simple

Issa simple stuff.

You can't loose what wasn't yours to collect in the first place.

Infact they should return all they have collected in the past.

Billiom or billion?

Billiom ke.

Xscape1993:
This would be a welcome development. When this finally happens, states will be financially independent and this will also lead to rapid development.

The electorate from the concerned states will now focus more on their governors than the Presidency and make demands for the delivery of the dividend of democracy.

The lazy and sleeping states that are parasitics and leeches will now have to look inward for INTERNALLY GENERATED REVENUE ( IGR )

Those who allow their kinsmen to roam the forest in the south in the name of cattle herdsmen will have to THINK OUTSIDE THE BOX and invite this herdsmen back home to develop their own state instead of pushing them down south to cause mayhem.

Wike our man

saferoom:
Mark my words. VAT under FIRS is 1000 far better than VAT under states. These states behave like terror to businesses and companies. Ordinary building Approvals, and market taxes, they suffer land owners, SMEs and Market sellers. Is it VAT that they can handle?

Oga VAT is different to what you are saying there.

MajorOvakporaye:


SHUT UP!!!

WE ARE SAYING NO TO PARASITIC RELATIONSHIP

Are you one of those ignorants I've envisaged? Why are you so pained?

You can look for your parasite somewhere cus I'm the HOST!

Aufbauh:


Are you one of those ignorants I've envisaged? Why are you so pained?

You can look for your parasite somewhere cus I'm the HOST!

SHUT UP!!!

YOU HAVE NEVER SAID ANYTHING SENSIBLE

This was bound to happen.
You can't be collecting tax and not showing us how it is spent, go to One, refinery road see how deplorable the road is.
Federal roads in some parts of the country especially states that produce the high revenue are terrible.
Lagos ports full of portholes.
They v should allow states collect vat and remit a portion to the centre.

Can't be smashing bottles of beer and be chopping the VAT on those beer bottles.

Its time to be viable as a state, governors sit up!

Aufbauh:
So many people are not educated about this VAT issue, but trust Nigerias very sentimental people they want to react.

The VAT issue is not a sky view as most of us think it to be.
Most states does not even have the capacity to generate the amount they're presently receiving from the FG arrangement.
If consuming tax VAT is left to the state to control, the assumed collectible figures is not feasible. What it means is that all multinationals in Lagos, Rivers etc eg Coca cola that have branches in other states of the federation has to pay VAT in those States of operation.
What is obtainable currently is that coca cola pays their VAT centrally from their HQ and is calculated for Lagos state as state hosting the HQ.
More importantly it may lead to situation of multiple taxation if not properly managed.

You are right but why should you take what belong to Kano and give it to Yobe state?

They have been stealing from states...

The FIRS used to be the second-biggest parastatal in Nigeria after the petroleum industry's MDAs (NNPC, DPR, PEF, etc). With this tsunami about to hit the parastatal, the FIRS workers had better start looking for a job now.

Crowwejihadist:
Wike the man with balls made of steel

The bolded though

Ademola47:


https://punchng.com/vat-judgement-firs-may-lose-n92bn-revenue-to-states/?utm_source=top-story&utm_medium=web

Some bleeped up shit… Mehn FIRs should go & sit down .. or better still, go & die .. yeye dey smell

Ademola47:


https://punchng.com/vat-judgement-firs-may-lose-n92bn-revenue-to-states/?utm_source=top-story&utm_medium=web

scrap FIRS.....more useless MDA to follow

Crowwejihadist:
Wike the man with balls made of steel

As in ehhh, better two big rounded & nicely shaped balls

If the judgment is upheld then where will the money to pay the judges moving forward come from!!! Supreme Court ruling in Nigeria are political so my pple don't expect anything from the court

Lol
They will get 4% of whatever naira they make for their personal enjoyment and also get salaries and allowances which is outside the 4%?