Rasome:
Waiting concern me with tax although I can't avoid VAT

Islie:
According to order 3 rule 6 of the Tax Appeal Tribunal (Procedure) rules, 2021, “for an appeal against the tax authority, the aggrieved person will pay 50% of the disputed amount into designated account by the Tribunal before hearing as security for prosecuting the appeal”.

thebosstrevor1:
But we don't use dollars in Nigeria, why are they quoting the figures in dollars

Theunbothered:


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.

humilitypays:
Take it from me, this very killer Tax law came from The VP, Prof Osinbajo because President Buhari is not learned and sound enough to make this kind of dangerous tax law.










Osinbajo maybe brilliant academically, believe me, he wont make a good President as far as Nigeria is concerned

thebosstrevor1:


What is in the tat rule is different from what you quoted from the FAKENEWS media.

The tribunal can not claim you own any arbitrary amount in taxes, this job is not the tribunal job but firs.

According to the tat rule, taxpayers are to pay 50% of any disputed amount into a designated account of the TAT as security for prosecuting an appeal, prior to commencement of appeals.

4. Mandatory payment of 50% of tax assessed
[Order 3 Rule 6]

For appeal against the service or relevant tax authority under rule one and two of this order the aggrieved person shall -

(a) Pay 50% of the disputed amount into designated account by the Tribunal before hearing as security for prosecuting the appeal

barragan:
I understand that this new law is potentially dangerous but please that illustration is unreasonable, how much cash flow will a $50m coy generate for a tax body to say they owe $100m in unpaid taxes? Haba. Where will that ever happen? That scenario was only painted for effect it is quite an unrealistic one.

thebosstrevor1:


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.

barragan:
I understand that this new law is potentially dangerous but please that illustration is unreasonable, how much cash flow will a $50m coy generate for a tax body to say they owe $100m in unpaid taxes? Haba. Where will that ever happen? That scenario was only painted for effect it is quite an unrealistic one.

baralatie:

For example the case between firs and multichoice Nigeria!

Remember the insane arbitrary tax claim firs alleged was owed by multichoice

Foolishbuhari:


Maybe unrealistic but this is Nigeria where a self-contained apartment is given ₦30k as estimated light bill. A house without even AC or pressing iron. This is a country where customs can arbitrarily re-evaluate the worth of your goods and slam anything they like on it as duty. Happened recently to a guy who bought gold-plated jewelry from China, worth ₦40k. Customs re-evaluated the cost and slammed ₦400k on the item as duty.

It's the lawlessness and abuse that can accompany that law we are mostly speaking against because we know it will be abused! With this law, the tax body can slam any arbitrary bill on you as tax and expect you to pay 50% of the amount first before coming to the table to hear your appeal. It's like being the accuser and judge of your own case. Don't also forget politics Bro! What better way to shut down a dissent's voice than over taxing his business to kill it?

humilitypays:
Take it from me, this very killer Tax law came from The VP, Prof Osinbajo because President Buhari is not learned and sound enough to make this kind of dangerous tax law.










Osinbajo maybe brilliant academically, believe me, he wont make a good President as far as Nigeria is concerned

kennethfranc:
My fellow JAPA-nese may God grant our request

tamdun:

See as this one just conclude like say him dey there when osinbajo dey make d decision

kennethfranc:
My fellow JAPA-nese may God grant our request

PENNYSWAP:
The funniest thing is , peoples still call buhari darling daddy , people wey dey buy gas 1kg 650



I wanted to sell one of my old fvcked up cars to make space parking space , a car that people was pricing me before 650k , my mechanic said make I no sell am less than 1.7m say cars Dom costly ....
He even brought a buyer begging me for 1.2m I was laughing ...

You see this country , it’s so fvcked up

Makib2020:
Make everybody just gettaut

flokii:
Madam Adeosun would have faired better as Finance Minister if not for envy and hate from some quarters.

Naira has crashed yet they kept mute on Emefiele because he is their brother, but they go about writing nonsense and blackmailing people from other ethnicities over unreasonable things.

omojeesu:


OMOFE-JAPA look b4 you leap sha!

humilitypays:
Take it from me, this very killer Tax law came from The VP, Prof Osinbajo because President Buhari is not learned and sound enough to make this kind of dangerous tax law.

This shows your lack of common sense, since when did the vice-president start becoming responsible for making laws in Nigerian? Thinking must be hard for you









Osinbajo maybe brilliant academically, believe me, he wont make a good President as far as Nigeria is concerned

expertman:
Why is this government looking for a way to suffer the masses and collect almost all the proceed from our daily hustle?

This government wicked oooo

thebosstrevor1:


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

expertman:
Why is this government looking for a way to suffer the masses and collect almost all the proceed from our daily hustle?

This government wicked oooo

Foolishbuhari:


Maybe unrealistic but this is Nigeria where a self-contained apartment is given ₦30k as estimated light bill. A house without even AC or pressing iron. This is a country where customs can arbitrarily re-evaluate the worth of your goods and slam anything they like on it as duty. Happened recently to a guy who bought gold-plated jewelry from China, worth ₦40k. Customs re-evaluated the cost and slammed ₦400k on the item as duty.

It's the lawlessness and abuse that can accompany that law we are mostly speaking against because we know it will be abused! With this law, the tax body can slam any arbitrary bill on you as tax and expect you to pay 50% of the amount first before coming to the table to hear your appeal. It's like being the accuser and judge of your own case. Don't also forget politics Bro! What better way to shut down a dissent's voice than over taxing his business to kill it?