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Nairaland Forum / Nairaland / General / Politics / Tax Appeal Tribunal Could Kill Your Business In 6 Months (31892 Views)
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Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by cooooooks(m): 8:58pm On Oct 14, 2021 |
Incompetence empowers people with bad intentions. 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by feelgoodstuffs(m): 8:58pm On Oct 14, 2021 |
Everything in Nigeria will frustrate you |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by atheistandproud(m): 8:59pm On Oct 14, 2021 |
We never talk mandatory vaccination, another one don show. Warrisdis NAU? |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:00pm On Oct 14, 2021 |
Jesus! See how a govt just went and killed investment in Nigerian economy! Meanwhile the v.p will be saying the should curb arbitrage will this rule not promote Ghana economy 2 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by zionstaar75: 9:01pm On Oct 14, 2021 |
Is it that all d commentators are illiteretes or what?before judgements facts against d company would have been tendered before d tribunal.how can u say a company worth $50m is owing $100m in taxes and d court will agree without evidence.d op sef is potraying ignorance which is visible.pls think before u comment abeg 5 Likes 1 Share |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Thomaths(m): 9:02pm On Oct 14, 2021 |
It's obviously does not make any sense. Where is justice in all these after all. What even what I'm liable to pay is not up to the 50% being required to be deposited? No common sense at all 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by lexy2014: 9:03pm On Oct 14, 2021 |
Islie: , theraregem1, okefranci, vedaxcool, joylove2324, shooyie, benuejosh...isnt this worthy of your usual praise singing? |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by joyandfaith: 9:04pm On Oct 14, 2021 |
Islie: Satan took human form in 1914 and visited Nigeria in person Lugard . Satan amalgamated Nigeria in 1914. As long as Satan is alive, Nigeria remains cursed. 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by CocoaOla: 9:04pm On Oct 14, 2021 |
Killing nigerian business and raising export tax And duties planned work of A P C ASSOCIATION OF POLITICAL CRIMINALS POVERTY IS WEAPONIZED IN Nigeria to rigged the system All the tax collected will end up in the northern part of Nigeria in hand of bandit, Islamic terrorism sponsors 4 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Bizibi(m): 9:04pm On Oct 14, 2021 |
This is not good!!! No wonder investors prefer Ghana to Nigeria at the moment. 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:05pm On Oct 14, 2021 |
Islie:Haaa! God |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Sterope(f): 9:05pm On Oct 14, 2021 |
I really hate this country. |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Brandonx(m): 9:05pm On Oct 14, 2021 |
I really feel for those investing in Nigeria. I have an investment that I don’t even know it’s direction. I keep pumping funds without making much returns at a point I felt it was dishonest people making me loose money but it later dawned on me that the country was too harsh for any business to survive so I shut the place. I thought about selling but the idea of “ I have this and that asset no allow me” 3 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by opecuddy(m): 9:07pm On Oct 14, 2021 |
Nah wah...am here seeking for help to complete my school project fee ...yet government wants to kill businesses with tax � |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nonexisting1: 9:08pm On Oct 14, 2021 |
As long as the zombies feel the heat like everyone else, no problem. |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Rexymania(m): 9:10pm On Oct 14, 2021 |
Hahjajajjaajjajjhahahahahahshshshshshhashshshhahaahahah [center][/center] Calibrator: |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:10pm On Oct 14, 2021 |
zionstaar75:Did you read the part that said before you can appeal to the court .you will first drop 50% of the claim by firs if the court does not see evidence of 50% the court is not required to hear the case(all in 6 month ) 3 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:12pm On Oct 14, 2021 |
People who aren't educated, hate education. People who are not business inclined, kill businesses. 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by debbydams(f): 9:14pm On Oct 14, 2021 |
Hum mm,,I know I'm at the peak of loosing it all because of Nigeria economy |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:19pm On Oct 14, 2021 |
flokii: Is there another Adeosun apart from the one who forged certificate ? Emefiele and Buhary are like classmates, one get WAEC, the other one is looking for certificate. Stop sobbing. 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Foolishbuhari: 9:20pm On Oct 14, 2021 |
zionstaar75: You are the illiterate because you didn’t read to understand. You think the tax tribunal is your conventional court or law? You've been clearly told the provision of the law and what it says, yet you're here capping rubbish. That $50m and $100M was just an illustration. It could also be that the tax authorities could give a business worth ₦10M a tax bill of ₦5M or ₦10M or any amount at all the deem fit indiscriminately. Now according to the law, before that company can appeal to the tax tribunal, they must make a deposit of 50% of the amount billed them indiscriminately to the tribunal before their records can even be reviewed to reach a resolution and the amount possibly reduced. This is a case of being guilty until proven otherwise and it will hurt businesses. No one invests in a country with opaque taxation policies and no one certainly wants to spend money to set up a business the tax man could kill via senseless policies! 10 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by SarutobiEky(m): 9:20pm On Oct 14, 2021 |
kennethfranc::Domo..this guy no go kill me with laugh. � E say na *Japa* nese 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by humilitypays(m): 9:23pm On Oct 14, 2021 |
flokii:When it comes to failure, bad news and criminality, Niger Delta people automatically becomes Igbo Brothers, but when it is time to exploit crude oil and play tribalistic divide and rule politics, Niger Delta becomes Southsouth people and no longer brothers to Igbos, na only God go judge all of una in that Nigeria 5 Likes 1 Share |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:24pm On Oct 14, 2021 |
baralatie: You think, does it make sense. Where in this world, do you drop 50% of a claim before they hear your case, legally, it does not make sense. The writers of the articles are misleading people 2 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Theunbothered: 9:25pm On Oct 14, 2021 |
See what happens when you elect illiterates who put foreigners over Nigerians into power. |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by adecz: 9:25pm On Oct 14, 2021 |
⏩⏩ These measures are always indirectly targeted at Southerners because they are tge ones that generally run organized, registered businesses... ☹️☹️☹️ 4 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:26pm On Oct 14, 2021 |
Foolishbuhari: Tell us the law that says that, you are suppose to drop 50% of the amount billed before you the tribunal can listen to your case. 1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by KillingIsFun: 9:28pm On Oct 14, 2021 |
1 Like |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Theunbothered: 9:30pm On Oct 14, 2021 |
thebosstrevor1: This is Buhari's Nigeria, how many times have we had modifications to laws that made sense? Border closure, Social Media Bill, NIDTA Bill Continue deceiving yourself. 2 Likes |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:33pm On Oct 14, 2021 |
thebosstrevor1:Is that not what the rule states? Abi the rule stated has part 3? That is what is inserted there nah? Oga read the thing again o |
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Theunbothered: 9:34pm On Oct 14, 2021 |
thebosstrevor1: This why we say Buhari supporters are illiterates. The Tribunal can claim you owe any arbitrary amount in taxes and demand you deposit 50% of that amount before they hear your case. It is written right there in the text. It is the Tribunal that will determine the amount whether it is true or not, whether it is many times the amount you have in your account they don't care. 2 Likes |
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