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Tax Appeal Tribunal Could Kill Your Business In 6 Months - Politics (4) - Nairaland

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Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by TemmyT002(m): 12:51am On Oct 15, 2021
This is another wickedness from the government.
Abi, is Peter Obi still trying to justify his Avoidance of tax in disguise?
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by debaj10: 3:21am On Oct 15, 2021
you're wrong.
there is no iota of such in this govt.
they simply do what you and I allow them to do.
the day Nigeria's Citizens put their foot down and say, enough is enough, nonsense in govt will stop.
the question is-
when do you think we'll be ready to do so?
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
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Jlow2: 3:29am On Oct 15, 2021
Al-qaeda people's Congress, the next 18months for Nigerians will be like hell, average nigerian now cannot buy cooking gas
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by HIPROFILE(m): 4:33am On Oct 15, 2021
MNK being vindicated at all time

its a zoo afterall!
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Odichi(f): 5:42am On Oct 15, 2021
He contested for president twice una reject am. He came the third time using sympathy,una vote am in. So he decided to pay una for not accepting him before. His mind is mean, no empathy for Nigerians at all.
2023 vote the right person irrespective of his/her ethnic group. Remember chronicle when voting , it never fails.
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by expertman(m): 6:29am On Oct 15, 2021
Baba we are all ready the problem is those in rural areas they are very easy to be brian washed by govt.

How many of us voted buhari in for second term?

Yet he was annouce as the winner .





debaj10:
you're wrong.
there is no iota of such in this govt.
they simply do what you and I allow them to do.
the day Nigeria's Citizens put their foot down and say, enough is enough, nonsense in govt will stop.
the question is-
when do you think we'll be ready to do so?
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by PENNYSWAP: 7:15am On Oct 15, 2021
Switch07:




1kg is 800 now


We are fvcked .....

Really really fvcked.

It will get to an extent that even the Police will join in the next protest

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by cassidy1996(m): 7:20am On Oct 15, 2021
kennethfranc:
My fellow JAPA-nese may God grant our request
Amen!!!
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by wwwtortoise(m): 9:15am On Oct 15, 2021
PENNYSWAP:
The funniest thing is , peoples still call buhari darling daddy , people wey dey buy gas 1kg 650

grin grin grin grin grin grin grin grin grin grin grin

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

I bet it’s a Toyota in camry or corolla clothing �
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by PENNYSWAP: 9:31am On Oct 15, 2021
wwwtortoise:


I bet it’s a Toyota in camry or corolla clothing �


grin

How you take know

Na Big Daddy Toyota
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by emecheboy2(m): 10:56am On Oct 15, 2021
I don't know why people still can get it that APC is a leftist socialist/communist-style political party. they love what is called bigger government and spending other people's hard earned money through unnecessary taxes and increase in tax. their agenda s always too progressive and can't meetup with the finance/ budget of the country. They always create social programmes for the masses to make it look like they are working but nothing is really going on. They will always keep borrowing and borrowing because they cant save for the future generations.
Ask Cuba, Venezuela and others how far
Islie:
REVEALED: In June 2021, FG quietly made new tax rules that could kill your business in six months




https://www.thecable.ng/revealed-in-june-2021-fg-quietly-made-new-tax-rules-that-could-kill-your-business-in-six-months
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 11:18am On Oct 15, 2021
emecheboy2:
I don't know why people still can get it that APC is a leftist socialist/communist-style political party. they love what is called bigger government and spending other people's hard earned money through unnecessary taxes and increase in tax. their agenda s always too progressive and can't meetup with the finance/ budget of the country. They always create social programmes for the masses to make it look like they are working but nothing is really going on. They will always keep borrowing and borrowing because they cant save for the future generations.
Ask Cuba, Venezuela and others how far
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Godmademan(m): 11:21am On Oct 15, 2021
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
You are still underating Buhari after 6years of proving you wrong. I'm sure you'll still vote him in for third term since he is spineless
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Bizibi(m): 11:22am On Oct 15, 2021
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.
that guy is a sycophant,he is looking for excuses......
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by debaj10: 12:56pm On Oct 15, 2021
hmm
how many Nigerians are ready to monitor govt and take action in governance?
what's stopping them from doing so today?
where have you seen the evidence of such action?
if we who know refuse to educate those village people you complained about, how will anything change?
abi when they say, fight for your rights-
na by protest?
see, the work is hard. that's why we refused to do it all these years.
that's why we want 1 man in Abuja to solve our problems.
so, do you still think we're ready?
expertman:
Baba we are all ready the problem is those in rural areas they are very easy to be brian washed by govt.

How many of us voted buhari in for second term?

Yet he was annouce as the winner .





Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 1:13pm On Oct 15, 2021
And next election, they will vote same evil monsters to power.
Y'all ain't seen nothing yet.
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Switch07(m): 11:02pm On Oct 15, 2021
PENNYSWAP:



We are fvcked .....

Really really fvcked.

It will get to an extent that even the Police will join in the next protest
p


I'm short of words
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by bluefilm: 5:03pm On Oct 16, 2021
PENNYSWAP:
We are fvcked .....

Really really fvcked.

It will get to an extent that even the Police will join in the next protest

That will be a very good thing.
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by zionstaar75: 7:46pm On Oct 20, 2021
Do u know d meaning of appeal?it means judgement has been given,whether court or tribunal d fact of d case would have been tendered..ive been involved in several business related court cases,have u?
Foolishbuhari:


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!

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