₦airaland Forum

hi..please does anyone know the fees for Masters in Development Finance

BizBloke:
[color=#000033]Hi Phemmy26,
Yes, we can.

Soon as we resume work tomorrow morning.

Cheers.[/color]

hi bizbloke..... we have been on this for a while now and nothing yet

@bizbloke

Can you give me the invoice of the ones that are already available so we can start with that while waiting for the rest. Thanks

@bizbloke

Pls what details do you need to enable you create an invoice for me. This is the second time asking.

Thanks

BizBloke:
[color=#000033]Hi Phemmy26,

We're sorry. We don't still have all required details to enable us create an invoice for you - for AliExpress.

Thanks.[/color]

@ BizBloke

hi, i dont understand what details you need again from me. I sent you the links and you requested that i increase the quantities as you have a minimum value of item you could buy. I then increased the quantities of each of the items so that it would be more than the minimum amount you indicated and i informed you. so right now i dont understand or dont know what information you need again...so i can provide them for you to hasten this...its getting too long....thanks

@ BizBloke

hi, i am still yet to get a response from you.

@ BizBloke

still expecting your response..i have edited the quantites needed. Thanks

@ BizBloke

They have been adjusted

https://www.aliexpress.com/item/1Pcs-Animal-Number-Foil-Balloon-Wedding-Happy-Birthday-Party-Decoration-Balloons-Kids-Babys-Children-s-Toys/32723736611.html?

9 items : 0-9 (2 each of the figures)
=================================================
https://www.aliexpress.com/item/FENGRISE-Wedding-Decoration-31pcs-Photo-Booth-Prop-DIY-Fun-Mr-Mrs-Mustache-Glasses-Mask-Accessories-Bridal/32750366935.html?

Specification/colour: Bride groom 31pcs
Mr Mrs 31pcs
Quantity: three each
====================================================
https://www.aliexpress.com/item/1Pieces-84x54cm-Propose-Diamond-Ring-Foil-Helium-Balloon-Wedding-Decor-Engagement-Hen-Party-Marriage-room/32683106119.html?

Quantity: 10 pieces
==============================
https://www.aliexpress.com/item/92-63cm-Big-Size-Minions-Balloons-Cartoon-ball-Classic-Toys-Christmas-Birthday-Wedding-Decoration-Party-inflatable/32792959260.html?

Quantity: 10 pieces
================================
https://www.aliexpress.com/item/Pearl-balloons-20pc-10-Inch-Thick-2-2-g-Birthday-Ballons-Decorations-Wedding-Ballons-Pink-White/32796020176.html?

Quantity: 6 lot

one Lot PER Colour: blue, Pink, gold, green,purple and Red
====================================
https://www.aliexpress.com/item/Fee-for-delivery-10-pieces-many-two-layer-latex-balloon-birthday-party-decoration-point-latex-toy/32653594406.html?

Quantity: 4 lot
====================================
https://www.aliexpress.com/item/100-points-Balloon-attachment-glue-dot-attach-balloons-to-ceiling-or-wall-balloon-stickers-Birthday-party/32799415790.html?

Quantity: 20 lot
==================================
https://www.aliexpress.com/item/1pcs-Novelty-Team-Bride-Badge-Bachelorette-Party-Favors-Bride-To-Be-Wedding-Party-Favor-Supplies-Hen/32801736716.html?

Quantity: 10 PIECE
======================================
https://www.aliexpress.com/item/8pcs-Bride-To-Be-Hen-Night-Do-Tin-Badges-Bachelorette-Party-Accessory/32642750440.html?

Quantity: 4 lot
=========================================
https://www.aliexpress.com/item/Free-Shipping-40-inches-New-1pcs-Fancy-Blue-Pink-Digital-Alcohol-Balloon-Children-s-Toy-Birthday/32754967952.html?

Blue and pink color
Quanitity: 10pcs 0 - 9

..

deturla:
Hmmmmn.....Supporting the above though.

Unfortunately, there is no section in the tax laws that exempts companies which are yet to commence business from filing tax returns.

There is also no section in the law that explicitly states that companies yet to commence business should also file tax returns! Sections 29 and 55 of the CIT can be argued both ways with depending on what arm of the law you are on, since the law is not exactly clear on this. Are you looking at the law from a consultant perspective or from the government perspective.

What makes up a self assessment returns infact? Statement of affairs of a registered company that has not even commenced business? What is the basis for the profits that is assessed? What am I even filing as a company registered with the CAC and not yet with FIRS. It is until I register with the FIRS that I fall under their purview, even if that takes me donkey years to achieve. ( I will have to pay penalties for late registration anyway).

Sometimes we need to leave tax laws with its ambiguity and focus on what is obtainable in practice. How has the Revenue service in practice been treating newly registered companies. Have you ever come across a newly registered company being assessed for tax on assessable profit?

The law can be an ass sometimes though. LOL!

@ the quoted

I know that for newly registered company who is yet to commence business operations, you are required to submit a statment of affairs and also pay what is called a POL levy

.

@MAYORALL sent you couple of messages yesterday night and this morning on your whatsapp but no response yet......

emmanikewon:
What could have been the offence? The two officers are just a...........! They deserve to be banish from the service

Why should they be banished...the driver of the car could be wrong. if you are not at fault...the frsc woman wouldn't have entered the car...so definitely they committed an offense. there is no justifiable reason for you to be driving away despite in the video, the frsc car was following them in a bid to stop them....

Rebionak:
Please I want to make some enquires;

I am a single mother due to circumstances and my baby has a different surname as me. I want to apply for a student visa next month via Kaplan. What are the possibilities of getting an approved visa with a 4month old?

Another question; I applied for a visit visa last year and got denied. Would that affect anything?

It doesnt mean anything. My wife applied for student visa with her maiden name still on her passport while my son carries my own surname. You would apply for F1 while your baby would be F2 visa

pillarmaria:
Its a general issue as I learnt.
I am facing same issue at the moment

yea, just figured out now. please can you edit my phone number that was quoted in your post while replying me. thanks alot

JideSM:
Y'ello.
I am very sorry about this.
We are aware of the issue and our support teams are working to get it resolved. Please bear with us.

OK.thanks very much. Please can you edit my number that was quoted cos of spammers. Thank you

HI...i am unable to make calls out as its saying i am not allowed to call this number. Please help. My number is 081*****

@ justi4jesu

item received

@ justi4jesu

hi, wanted to ask if my item would make it for tomorrow shipment

@ justi4jesu
@justi4jesu

i sent you an email

NigeriaTax:
I’m very happy that you have been following the conversation on this thread. I’m also glad that its’ essence has started to bear fruits, which is to both simplify Nigerian tax matters and also address concerns.

Now back to your comments, I appreciate that you agreed on the relevance of Section 55 of CITA, and as you would also agree, this section includes NO provision for exemption to file returns for companies incorporated but yet to commence business. However, let me provide some clarity regarding Section 29(3) which you alluded to.

The full section 29(3) states that “The assessable profits of any company from any trade or business for the year of assessment in which it commenced to carry on such trade or business (or in case of a company other than a Nigerian company, for the year of assessment in which he commenced to carry on such trade or business in Nigeria) and for the two following years of assessment (which years are in this subsection respectively referred to as “the first year”, “the second year” and “the third year”) shall be ascertained in accordance with the following provisions…”

This section does not talk about who is supposed to or when you should file your corporate tax returns but describes the “Basis for computing assessable profits” for a business which just newly COMMENCED trade or business. This is generally referred to as the COMMENCEMENT RULE in the tax parlance and it relates to how you calculate the assessable profits of a new trade or business (not of incorporation) for its’ first 3 years of assessments.

Therefore, you would observe that this section does not ascribe any exemption to a newly formed company from its obligations to file tax returns.

Regardless, I would be much pleased to have you correct us on this thread by stating specific sections of any of the tax laws which prohibits or exempts newly formed companies which are yet to commence business from filing tax returns.

Thanks again.

your write up is quite informative but i still maintain my ground. Let me butress it further

Every company is required by law to file a self assessment return every year and a return consist of the audited accounts, tax computation and capital allowance computation, self assessment forms etc. Now this is the case of a company who has commenced business operations.

I referred you to section 29 because Section 55 clearly defined and shows at what stages or position when the companies are expected to file returns and made reference to section 29 to buttress the points and in doing that,there explainations there points to company already in business because the terms like assessable profits, year of assessment, assessable profits of any company from any "trade or business it all relates to company already in business

The only time in the Tax law that relates to the preparation of statement of affairs which is relevant is where a taxpayer has the need of a Tax Clearance certificate most especially when it is more than 6month after incorporation and not yet commenced business.

Again let me break it down further with the section you quoted earlier on below

Section 55 of the Companies Income Tax Act, as Amended, states that “Every Company including a company granted exemption from incorporation shall whether or not the company is liable to pay tax under this Act for a year of assessment, with or without notice from the service (FIRS), file a self assessment returns with the service in the prescribed form at least once a year…


Looking at the above, look at the term file a "self assessment". Now self assessment comes from filing of returns which i also explained earlier on as to what makes up a return. It all just refers to company already in business operations. Can i ask you another question. Is statement of affairs considered as a Return?


cc Jarus Your input is needed. Thanks

NigeriaTax:
Great question you asked there.

Section 55 of the Companies Income Tax Act, as Amended, states that “Every Company including a company granted exemption from incorporation shall whether or not the company is liable to pay tax under this Act for a year of assessment, with or without notice from the service (FIRS), file a self assessment returns with the service in the prescribed form at least once a year…”

Unfortunately, there is no section in the tax laws that exempts companies which are yet to commence business from filing tax returns.

When you look at Section 55(3)a to c of the Companies Income Tax Act, as Amended, it expressly shows the stages or position when the companies are expected to file its returns. Let me now break it down for you by its part

Section 55(3)a is straight forward as it concerns those already in business hence no issues

Section 55(3)b is for newly incorporated company and it also defined the type of companies that are required to file returns as defined in section 29(3). Now if you go to that section, it laid emphasis on and i quote " assessable profits of any company from any "trade or business". Which simply means that company has commenced business operations.

Section 55(3)c still boils down to filing self assessment at the end of its accounting period.

The summary of it all is that a company who has not commenced business is not expected to file tax returns and the only time he is expected to file a tax return is when he wants to apply for Tax Clearance certificate and thats when he files a statement of affairs and also pays a POL levy of 20k

Please can you point out to me what section of the Tax law that states that where a LLC has been incorporated but yet to commence business must submit income tax returns annually with the FIRS. Thanks

duduafri:
Hello House,

Here is the transcript.

VO: Passport and I 20 request
Me: Greeted and handed it over

Scanned my Barcode
VO: have u been to the US before
ME: Yes, I have travelled to the US twice

VO: whic other country have you visited aside US
Me: South Africa

From my own point of view....its possible that when the VO looked up your wife 194, like you said there was no departure date, i would conclude that your wife was still in US. maybe thats why the VO asked why your wife not coming with you. Like a nairalander said earlier on, fix the I94 stuff and apply again.....

duduafri:
Hello House,

I was refused F1 today based on 214B. I have visited the US twice and my family have also been to the US once. we have all returned form our previous visits.

During my interview, I noticed the VO asked me why my wife isnt going with me and I answered her that she wouldnt be coming with me because of her Job. she is currently focusing on her career and since i have plans to be visiting whenever the school is break.

After the interview, I researched on what 214b means and this prompted my to check our i-94 records online. I noticed that my wife's and son's departure dates were not recorded online and they have returned to Nigeria since March 4th.

Here are my questions?

1. How do I overcome 214b rejection despite being to the US twice and returned without overstaying.
2. What do we need to do to address the incomplete I-94 travel record for my wife and son as their exit date wasnt captured online.

Your prompt feedback would be appreciated.

Regards,

This actually happened to my wife. When my wife and son went to the US( Currently studying there), i was on the system on the 194 page so i decided to enter my details and it brought at the correct results as per the dates of entry and the day i left yankee. But this time around when my wife and son traveled, they didn't enter the details of my wife entry but that of my son was entered. So what i did was that i contacted the nearest U.S. Customs and Border Protection Deferred Inspection Site which was the one close to the airport particularly her Point of Entry. I have attached the contact info of the various U.S. Customs and Border Protection Deferred Inspection Site. Then send them an email explaining to them your issues, they would respond to you by asking you to provide certain information to them . I did and within 5 days everything was sorted and her details could now been seen on her 194 page

kalan:
what is your BSC degree?

Bsc Business Education

@kalan

Looking at Msc Management, MBA. My current work experience is in the area of tax activities

@kalan

I have a bsc in Business Education obtained from Unilag. Please what are the likely courses i can study for Msc (pgd inclusive). Thanks

hi...a friend of mine is about applying for a visa...going as a family. Normally the appointment should be a group/family appointment... However, he could not make a group appointment. I checked online only to find this

http://www.ustraveldocs.com/ng/ng-svc-groupappointment.asp

Group appointments are no longer available in Nigeria. All applicants have to apply individually


UPDATE: i think for guys having that same issue as per the comments earlier on...i think thats the reason...so every thing na individually now

kolamax:
i am a silent reader of the educative thread and i must confess its an eye opener. but a quick pone house my wife and kid intends traveling to the usa this February. trying to complete the ds 160 and got to a portion where i need to fillin the contacts details over there and i dont have anybody there we intend to use hotel reservation. my question is do i leave that portion blank or should i fill in the hotel as my contact. kindly assist my people. bst regards in this 2017. OGA JUS WISE LADY G PLEASE ASSIST HERE .

Fill in the name of the hotel as your contact and the address of the hotel and even the phone number of the hotel. Ensure you did make a reservation at the hotel as they might want to verify it.

Thanks

@ladee1

looking at the EDD which is march. It simply means that you were pregnant during the interview and as such the VO might see that as a misrepresentation. It would be assumed that the the visa was gotten for childbirth purpose and not vacation and you hoped to correct the abnormally with a letter of intent. Letter of intent does not carry any water anymore.

bigfrancis21:
Hello everyone, any student or person here in the US who needs dollars but has Naira to exchange for dollars? I do have some dollars available for exchange. I am a moderator in the culture section. To contact me, please visit my profile and shoot me an email. Also, if you're a prospective student in Nigeria but need assistance with making payments (SEVIS, application fee etc.), please reach out to me.
Thanks.

whats your email add....i cant find any on your profile. Thanks