₦airaland Forum

Macphenson:
One of the most controversial issues in this Tax Reform Bill is that 60% of VAT will be given to the state it was collected from, It seems by this it will only favour mostly Lagos and Rivers State to the detriment of the Northern states who are collecting more VAT based on population.

Here is my concern, Lagos state was deliberately made the commercial headquaters of the Nation to the detriment of other states the more reason it collects more taxes.

Practically, All the cars entering the country pays their tax to only Lagos state. Even the cars to be used in Rivers, Akwa Ibom, Bayelsa, Delta and Cross River states. Now this is not fair to these states as they have their own seaports but cars are not entering them, the taxes they are supposed to get as a state goes to Lagos state.

Also, Telecom companies pay their VAT in Lagos because their headquaters are located in Lagos, If this new bill is passed, that is no longer fair to all other states where the Telcom companies operate. Telcom companies should now start paying VAT to each state they operate as you can no longer rob Peter to pay Paul.

Oil companies have their headquaters located in Lagos while they operate in different states especially in the Niger Delta. This will no longer be fair if the bill is passed becaused those states where the oil companies operate will start demanding that the oil companies pay thier VAT in those states they operate.

The truth is this bill if passed, is seriously going to open litany of issues which I dont think at the moment the bill captured or resolved it.

Another dangerous dimension, this may prompt the oil producing states to start demanding for 60% of the oil revenues from their respective states, once this happens, chaos will reign supreme in the country.

Take your time to read the bill thoroughly..
MTN will no longer pay VAT based on where there headquarter is situated.. but base on where the services is been used..
EG.. you make calls in Anambra ..the vat on that calls will be credited to Anambra... Thank you ..

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physical transactions is allow in Lagos only
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We buy P.i network coins at #5000 per one


Minimum per transaction - 50 PI
Maximum per transaction - 1000 PI

physical transactions is allow in Lagos only
Telegram - @horlarlegacy
contact for further details
Please be honest with your intentions...

We buy P.i network coins at #5000 per one


Minimum per transaction - 50 PI
Maximum per transaction - 1000 PI

physical transactions is allow in Lagos only
Telegram - @horlarlegacy
contact for further details
Please be honest with your intentions...
Escrow is allowed

We buy P.i network coins at #5000 per one


Minimum per transaction - 50 PI
Maximum per transaction - 1000 PI

physical transactions is allow in Lagos only
Telegram - @horlarlegacy
contact for further details
Please be honest with your intentions...

I buy P.i. network coins at #5000 per one but before you can sell

I buy unlock coins on available balance
Minimum per transaction - 50 PI
Maximum per transaction - 1000 PI

physical transactions is allow in Lagos only
Telegram - @horlarlegacy
contact for further details
Please be honest with your intentions...

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quote author=Yekeenbola post=70314844]Smiles, you better go to the farm and learn or employ someone that can help you. I planted beans last year in Jere, Kaduna State and lost virtually all my money.

Planting beans is easy if you have the required knowledge just like other crops. And besides, lots of insects attack beans.

The planting season is August which is now, just three months and you done.

But pls, do proper research o. Thank you.[/quote]

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