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Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsPandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? (16236 Views)

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Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by RuddyFusion(m): 7:39am On Oct 12, 2021
Nonsense post....Who is not paying taxes? Who? The ones we been paying for ages what have they done with it?
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Corrections:
Thank GOD he pays his tax where ever he invests and u can't CONTROL him where he should invest. . . . . gringringrin grin gringringrin grin
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Chiffy: 7:41am On Oct 12, 2021
Please go and ask Oyedepo the question.
Na im go open offshore company and account for himself and im family.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by obailala(m): 7:42am On Oct 12, 2021
BluntTheApostle:
It may not be wrong for the Blairs whose countries are developed.

But it is bad for a developing country like Nigeria.

You claim to love Nigeria, but are one of those contributing to her badly performing economy.

This is to Obi and Oyedepo. Two men who display so much self righteousness, but who are actually not selfless at all, but selfish.
Stop trying to mask your disdain for those men under the guise of some fake hypocritical patriotism. Nobody in the world, no matter how patriotic, would choose to pay double tax all because of patriotism - that would amount to sheer stupidity. Not even you woukd do that even if you had trillions.

For patriotism, they might choose to sponsor developmental projects or charities, but expecting a person to intentionally pay more taxes in their business, that's arrant nonsense.

By the way, what do you mean by saying those men are contributing to Nigeria's bad economy by not paying double taxes? You see why I said your personal disdain for those men is clouding your rationality?
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by mapet: 7:42am On Oct 12, 2021
Validated:
Op, I earn my income in country my business situates and pay taxes there. If I earn income in Nigeria, I pay taxes to FIRS. If my investment in UK makes profit, why should I pay double, one to UK and another to Nigeria? You are not learned enough forthe topic you embarked on
What an ignorant submission!!! You make submission outside the context of the OP's submission. Even at that, tax laws require you to pay part taxes to home countries. Even expatriates (Americans, Europeans for example) that earn income in Nigeria remit taxes from these income to their home countries.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Trump16: 7:43am On Oct 12, 2021
Afamed:
It will definitely be senseless to you, since Tinubu or PMB names were not involved. Biggest hypocrite .
They want China fast growing economy. They want China technology development. They want China good roads network.
But they don't want China law where people with questionable character like him would have been summary executed
During your quiet, make efforts to read up tax avoidance and how much of a crime it is.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Rebuke: 7:44am On Oct 12, 2021
KingOfAmebo:
Senseless to you, but have you asked yourself how the developed nations you cherish so much get to where they are now? Where do you think developed nations get the money they used to develop their nations aside mineral and human resources that you have in aboundance?

If you tax the rich the poor won't have to suffer.
We know where yhu are heading to.

This same man has several other multimillion if not billion businesses here in Nigeria and singlehandedly employed thousands of people he pays.

Does he not pay taxes on those businesses too?
Now, what has yhur government been able to achieve with the taxes collected for such businesses?

I pay taxes, I am charged every day for stamp duty due to my heavy bank transactions daily. Even transactions as low as 100k attracts stamp duty (evidence available if you want), yet I can't point to one thing I am enjoying under this government.

For yhur information, I will invest even largely as soon as I am able to in tax haven.

Yhu are talking about the rich been taxed to help the poor, even the poorest of the poor here are taxed and haven't been helped from the huge tax yhur silly government has been collecting.

Stay poor and be waiting for the rich to be taxed to ease yhur poverty....

When yhu are all done making yhur silly noise as usual, yhu will all withdraw into yhur hell hole and continue yhur suffering.



To hell with yhu and yhur senseless government.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by TemmyT002(m): 7:44am On Oct 12, 2021
It is bad but Nigeria's case can be justified.
All the monies we have, what are they being used for? They are going into the pockets of crooks and their families.
I don't blame them.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Gbajure(m): 7:45am On Oct 12, 2021
Validated:
Op, I earn my income in country my business situates and pay taxes there. If I earn income in Nigeria, I pay taxes to FIRS. If my investment in UK makes profit, why should I pay double, one to UK and another to Nigeria? You are not learned enough forthe topic you embarked on
You are the ignorant but bashful one here. There is a difference btw company tax and income tax. If there is no law in place btw the countries, you are suppose to pay tax to your home country no mater were you reside.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Nobody: 7:46am On Oct 12, 2021
obailala:
Why should I pay more taxes when I have the free choice to pay less?

This isnt even about Nigeria; all over the world, businessmen will always seek for ways to lessen their tax burden... and there's absolutely nothing wrong with that.
Yes, and at the end of the day, it means the middle and poor classes have to pay more and more in tax while the rich get a free pass.

That's why I am not a fan of offshore companies.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Gbajure(m): 7:48am On Oct 12, 2021
Rebuke:
We know where yhu are heading to.

This same man has several other multimillion if not billion businesses here in Nigeria and singlehandedly employed thousands of people he pays.

Does he not pay taxes on those businesses too?
Now, what has yhur government been able to achieve with the taxes collected for such businesses?

I pay taxes, I am charged every day for stamp duty due to my heavy bank transactions daily. Even transactions as low as 100k attracts stamp duty (evidence available if you want), yet I can't point to one thing I am enjoying under this government.

For yhur information, I will invest even largely as soon as I am able to in tax haven.

To help with yhu and yhur senseless government.
Stop these silly shallow analyses and justifications. He is boasting around to turn Nigeria into China but the SOLE IMPORTER of Heizn, Ovaltine and others into Nigeria.

Why can't the hypocrite manufacture salad dressing and a cocoa drink in Nigeria
? He is a fake and a saboteur
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by BluntTheApostle(m): 7:48am On Oct 12, 2021
eallstar:
The ones we have been paying since 1960,where did you see good health care? They run to abroad for medical , bad road full
everywhere, no good education ASUU strike everywhere, see bro just forget Nigeria never ready
I understand your point.

Even in the United States, people ask these questions. Tax aversion is not peculiar to Nigerians.

However, taxes are important. The processes of tax usage are opaque, and many people can't link services to tax.

But you should know that many services you enjoy at relatively cheaper prices (to private sector service delivery) are from your taxes. Maybe you have a father who is receiving pension (the pension is from tax), salaries of workers in every ministry and parastatal is from taxes, the defense budget channeled towards decimating Boko Haram and other agents of terrorism and destabilization are from taxes, public services such as police are funded with tax monies, etceteras.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Nobody: 7:48am On Oct 12, 2021
Afamed:
It will definitely be senseless to you, since Tinubu or PMB names were not involved. Biggest hypocrite .
They want China fast growing economy. They want China technology development. They want China good roads network.
But they don't want China law where people with questionable character like him would have been summary executed
Do you know if Nigeria were to be china, Buhari and Tinubu would have been executed longtime ago.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Nobody: 7:48am On Oct 12, 2021
Angeldemon:
Most Nigerians dont like paying tax because the governments havent been using it for what its meant for. Instead they embezle it.
So paying tax in Nigeria is like just dashing your money to a random man on the street for no reason
They embezzle it because

1.They are Nigerians, and Nigerians have the idea that you get into government to chop. Not to do some governing.

2.Most of the money they chop does not come from taxes...it comes from oil revenues, and loans. So, they have no compunction in chopping the money.

3.Nigerians think that democracy is all about voting and going home. And they don't like doing things like holding leaders to account, and so forth.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by TOPCRUISE(m): 7:49am On Oct 12, 2021
Afamed:
It will definitely be senseless to you, since Tinubu or PMB names were not involved. Biggest hypocrite .
They want China fast growing economy. They want China technology development. They want China good roads network.
But they don't want China law where people with questionable character like him would have been summary executed
A response from from an enemy of progress
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by GreatrAnalyst: 7:49am On Oct 12, 2021
So bad for those evading taxes.

But again, the so called tax collectors, what have they been doing with the taxes collected?
Keep collecting taxes and yet borrowing like their lives depend on it...
Conmen and thieves they are all
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by LagosXYZ: 7:50am On Oct 12, 2021
Where did you leave the taxes they pay within the country from their indigenous companies? The employment they create for thousands of people and the taxes that are remitted to the country as a result?

Tell me one business man who maintained his wealth without being financially smart? And what is the crime in having an offshore account where my money can be safe and I have to pay less to keep it? In as much the money wasnt proven to be stolen as some other people exposed by the pandora files ? Shamefully Premium Times is not highlighting on them but all about Peter Obi.

But because the publisher is suffering from a detailed mentality of victimization and entitlement, a trait common amongst mentally poor people , he thinks he can connect with his kind with such cheap blackmail.

PLEASE WHOEVER IS PAYING THIS DAFT SMEAR CAMPAIGN SHOULD LOOK FOR INTELLIGENT PEOPLE TO DO IT OR QUIT Because it's not working.

KingOfAmebo
post=106659181:

The question is, Since taxes are ment to cater for the development of a country as obtainable in developed nations, Why would our so called businessmen, politcians and clergymen chose to pay taxes "secretly" to economies of other countries while leaving the country they claim to love impoverished?

https://www.premiumtimesng.com/news/headlines/487959-pandora-papers-global-investigation-exposes-secrets-of-some-of-nigerias-rich-and-powerful.html
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by southpole: 7:50am On Oct 12, 2021
KingOfAmebo:
Senseless to you, but have you asked yourself how the developed nations you cherish so much get to where they are now? Where do you think developed nations get the money they used to develop their nations aside mineral and human resources that you have in aboundance?

If you tax the rich the poor won't have to suffer.
The rich don't owe the poor anything, let the poor huttle and leave the entitlement mentality
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Gbajure(m): 7:50am On Oct 12, 2021
BanevsJoker:
So if I own a business in Ghana, should I pay the taxes to Ghana or Nigeria? This una agenda no gree agend no matter how hard you try.
The businesses are abroad, so paying taxes there and also in Nigeria is dumb as it amounts to double taxation.
.

Yeboes! Stop confusing company/bizness tax to personal income tax. And except there is a tax treaty in place btw Naija and Ghana, yes u must pay tax to Nigeria as well
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Zorn: 7:50am On Oct 12, 2021
Afamed:
It will definitely be senseless to you, since Tinubu or PMB names were not involved. Biggest hypocrite .
They want China fast growing economy. They want China technology development. They want China good roads network.
But they don't want China law where people with questionable character like him would have been summary executed
if you talk about people with questionable character Buhari won't be were he is today . Infact he should be dead by
now for treason. The reason most Nigerians don't want to pay tax is because our public offices lacks credibility and integrity. Nigerians feel they are enriching the political class and that is true.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by mapet: 7:51am On Oct 12, 2021
SmartPolician:
KingOfAmebo



As for Peter Obi, he has already explained his in that video posted here yesterday.

According to him, when the company that operates an offshore account was floated, he lived in London. You cannot be based in London and be paying taxes to Nigeria.

He added that the company was operated that way based on the professional advice of a consulting firm (he gave its name), noting that it was never unlawful to do it. He also said that the company wasn't used to launder money before, during and after his term as governor.

To date, I will continue to hold Peter Obi and Donald Duke in high esteem because they are the only two former governors who are active in politics and weren't invited by the EFCC for money laundering scandals after spending 8 years in office. That's commendable!
Peter Obi is simply deflecting from the infractions he's accused of. Premium Times had stated that Peter Obi is giving explanations for thing he was not accused of. For emphasis, Peter Obi had refused to answer questions as per
1. Peter Obi continued to hold his position as a director of his UK company, NEXT International (UK) Limited, 14 months after becoming the governor of Anambra State in contravention of Section Six of the Code of Conduct Bureau and Tribunal Act.
2. Peter Obi set up complicated layers of secrecy to hide his offshore holdings, which he admitted to failing to declare to the Code of Conduct Bureau......breaching Section 11, Part of the Fifth Schedule of the 1999 Constitution.
3. Peter Obi as a governor was also operating a foreign account in breach of the constitution and the public service code of conduct rules.

3 Laws Peter Obi broke here. The accusation is not his decision to hide his investment in tax havens, it is his failure to declare these investments in his declaration form when he became Governor.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Nobody: 7:51am On Oct 12, 2021
AnambraTerror:
And oyedepo is a bastarddd pastor abi since he's also involved
Guy oyedepo is an individual and was not a governor
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Damjoy(m): 7:51am On Oct 12, 2021
meccuno:
Senseless post.The one you have paid, what have you done with it.
The post was made for people with stable sense, not neophytes.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by SmartPolician: 7:54am On Oct 12, 2021
mapet:
Peter Obi is simply deflecting from the infractions he's accused of. Premium Times had stated that Peter Obi is giving explanations for thing he was not accused of. For emphasis, Peter Obi had refused to answer questions as per
1. Peter Obi continued to hold his position as a director of his UK company, NEXT International (UK) Limited, 14 months after becoming the governor of Anambra State in contravention of Section Six of the Code of Conduct Bureau and Tribunal Act.
2. Peter Obi set up complicated layers of secrecy to hide his offshore holdings, which he admitted to failing to declare to the Code of Conduct Bureau......breaching Section 11, Part of the Fifth Schedule of the 1999 Constitution.
3. Peter Obi as a governor was also operating a foreign account in breach of the constitution and the public service code of conduct rules.

3 Laws Peter Obi broke here. The accusation is not his decision to hide his investment in tax havens, it is his failure to declare these investments in his declaration form when he became Governor.
Go and watch that video....his answers covered all these points you raised.

PS: I am not here to defend anyone....I am only sharing what he said and my personal observation. Enjoy the rest of your day!
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Mathew4257: 7:54am On Oct 12, 2021
The hate you have for Peter Obi will destroy you all that hate him . Nawa for Nigeria white man once said that country called Nigeria have Dark and demonic power holding that country. And that power is HATE and ENVOIS SPIRIT for each other . We Igbos and Yurobas in abroad here always help and love each other . Nawa for ona there . May God help ona there







RiceProducers:
Typical Nigerian thinking and language. Completely meaninglessness.
Anyway tax avoidance by hiding money in a tax haven as smarty pants businessman is a case that the owner of a global company like Facebook or Twitter makes.
It is not expected of a third world prospective Presidential or VP.
The electorate of the second largest population of poor people country won't forget when you come to ask for votes
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Nobody: 7:55am On Oct 12, 2021
They don't like the good profile OBI has as a rising sun from the East,they want to use their usual biased media to clear way for their corrupt gods....
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Rebuke: 7:55am On Oct 12, 2021
Gbajure:
Stop these silly shallow analyses and justifications. He is boasting around to turn Nigeria into China but the SOLE IMPORTER of Heizn, Ovaltine and others into Nigeria.

Why can't the hypocrite manufacture salad dressing and a cocoa drink in Nigeria
? He is a fake and a saboteur
Yhu should be ashamed of yhurself already. Why won't yhu call it silly analysis when yhur head is too empty and filled with only hatred for the rich.

Let me know who yhur father is, then I will be able to know how real or fake he is, ok?

Silly lot, suffering and smiling, go and hold yhur government who is robbing yhu of yhur destiny responsible and stop crying here.

Go and tell yhur father to invest in Nigeria grin
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by mapet: 7:55am On Oct 12, 2021
Angeldemon:
Most Nigerians dont like paying tax because the governments havent been using it for what its meant for. Instead they embezle it.
So paying tax in Nigeria is like just dashing your money to a random man on the street for no reason
Cutting your nose to spite your face
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by obailala(m): 7:55am On Oct 12, 2021
anorexicmuster:
Yes, and at the end of the day, it means the middle and poor classes have to pay more and more in tax while the rich get a free pass.

That's why I am not a fan of offshore companies.
It's the same thing all over the world, exept maybe in communist countries. Everyone would love to pay less taxes than they currently pay. But somehow, only business/company owners have the luxury of choosing what they pay.
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by Gbajure(m): 7:56am On Oct 12, 2021
southpole:
The rich don't owe the poor anything, let the poor huttle and leave the entitlement mentality
So the rich made their money from whom? And who must foot for their protection and wellbeing? And the rich construct their own road? And the water from their boreholes is from who?
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by humility33(m): 7:57am On Oct 12, 2021
obailala:
Why should I pay more taxes when I have the free choice to pay less?

This isnt even about Nigeria; all over the world, businessmen will always seek for ways to lessen their tax burden... and there's absolutely nothing wrong with that.
You dont run business on sentiment
While pay tax in the UK and still come pay tax for same company....why multiple taxation?
Some south westerners just wanna tarnish this man's image

I am Edo but in all honesty i will vote and campaign for Peter Obi for president....because he truly has what it takes to take this country forward in business and investment.... his kind is rare to comeby in politics will even vote Atiku if he comes with Atiku as a VP
Re: Pandora Papers: Why Avoiding Paying Taxes To A Country You Claim To Love? by mapet: 7:57am On Oct 12, 2021
WhatCanIsay:
I'm yet to see anyone no matter how sanctimonious they are being happy paying taxes in Nigeria.

You and I will always find ways to limit the amount we pay in taxes. Even Premium Newspaper are in the same boat with us, even the journalist that penned this opinion. We all seeking for means to minimise what we pay, especially with the shittiness of the present regime where the price of everything have more than doubled.

So who is this sanctimonious prik
Speak for yourself. You just made submissions not backed up with confirmatory data. It seem the question is way above your understanding
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