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Tax Appeal Tribunal Could Kill Your Business In 6 Months - Politics (2) - Nairaland

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Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by cooooooks(m): 8:58pm On Oct 14, 2021
Incompetence empowers people with bad intentions.

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by feelgoodstuffs(m): 8:58pm On Oct 14, 2021
Everything in Nigeria will frustrate you
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by atheistandproud(m): 8:59pm On Oct 14, 2021
We never talk mandatory vaccination, another one don show.

Warrisdis NAU?
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:00pm On Oct 14, 2021
Jesus!

See how a govt just went and killed investment in Nigerian economy!

Meanwhile the v.p will be saying the should curb arbitrage will this rule not promote Ghana economy

2 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by zionstaar75: 9:01pm On Oct 14, 2021
Is it that all d commentators are illiteretes or what?before judgements facts against d company would have been tendered before d tribunal.how can u say a company worth $50m is owing $100m in taxes and d court will agree without evidence.d op sef is potraying ignorance which is visible.pls think before u comment abeg

5 Likes 1 Share

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Thomaths(m): 9:02pm On Oct 14, 2021
It's obviously does not make any sense. Where is justice in all these after all. What even what I'm liable to pay is not up to the 50% being required to be deposited? No common sense at all

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by lexy2014: 9:03pm On Oct 14, 2021
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

, theraregem1, okefranci, vedaxcool, joylove2324, shooyie, benuejosh...isnt this worthy of your usual praise singing?
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by joyandfaith: 9:04pm On Oct 14, 2021
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

Satan took human form in 1914 and visited Nigeria in person Lugard . Satan amalgamated Nigeria in 1914. As long as Satan is alive, Nigeria remains cursed.

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by CocoaOla: 9:04pm On Oct 14, 2021
Killing nigerian business and raising export tax
And duties planned work of A P C ASSOCIATION OF POLITICAL CRIMINALS

POVERTY IS WEAPONIZED IN Nigeria to rigged the system

All the tax collected will end up in the northern part of Nigeria in hand of bandit, Islamic terrorism sponsors

4 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Bizibi(m): 9:04pm On Oct 14, 2021
This is not good!!! No wonder investors prefer Ghana to Nigeria at the moment.

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:05pm On Oct 14, 2021
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
Haaa!

God
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Sterope(f): 9:05pm On Oct 14, 2021
I really hate this country.
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Brandonx(m): 9:05pm On Oct 14, 2021
I really feel for those investing in Nigeria.

I have an investment that I don’t even know it’s direction. I keep pumping funds without making much returns at a point I felt it was dishonest people making me loose money but it later dawned on me that the country was too harsh for any business to survive so I shut the place. I thought about selling but the idea of “ I have this and that asset no allow me”

3 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by opecuddy(m): 9:07pm On Oct 14, 2021
Nah wah...am here seeking for help to complete my school project fee ...yet government wants to kill businesses with tax �
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nonexisting1: 9:08pm On Oct 14, 2021
As long as the zombies feel the heat like everyone else, no problem.
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Rexymania(m): 9:10pm On Oct 14, 2021
Hahjajajjaajjajjhahahahahahshshshshshhashshshhahaahahah grin grin[center][/center] grin


Calibrator:
Are you sure that Nigeria is not the hell fire the various religions are always hammering about and we Nigerians were reincarnated here as punishment because of our misdeeds in our past lives.





Even Hell fire no suppose dey hellish reach this country.
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:10pm On Oct 14, 2021
zionstaar75:
Is it that all d commentators are illiteretes or what?before judgements facts against d company would have been tendered before d tribunal.how can u say a company worth $50m is owing $100m in taxes and d court will agree without evidence.d op sef is potraying ignorance which is visible.pls think before u comment abeg
Did you read the part that said before you can appeal to the court .you will first drop 50% of the claim by firs if the court does not see evidence of 50% the court is not required to hear the case(all in 6 month )

3 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:12pm On Oct 14, 2021
People who aren't educated, hate education.

People who are not business inclined, kill businesses.

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by debbydams(f): 9:14pm On Oct 14, 2021
Hum mm,,I know I'm at the peak of loosing it all because of Nigeria economy
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:19pm On Oct 14, 2021
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.

Is there another Adeosun apart from the one who forged certificate ?

Emefiele and Buhary are like classmates, one get WAEC, the other one is looking for certificate.

Stop sobbing.

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Foolishbuhari: 9:20pm On Oct 14, 2021
zionstaar75:
Is it that all d commentators are illiteretes or what?before judgements facts against d company would have been tendered before d tribunal.how can u say a company worth $50m is owing $100m in taxes and d court will agree without evidence.d op sef is potraying ignorance which is visible.pls think before u comment abeg

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!

10 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by SarutobiEky(m): 9:20pm On Oct 14, 2021
kennethfranc:
My fellow JAPA-nese may God grant our request
grin grin :Domo..this guy no go kill me with laugh. � E say na *Japa* nese

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by humilitypays(m): 9:23pm On Oct 14, 2021
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.
When it comes to failure, bad news and criminality, Niger Delta people automatically becomes Igbo Brothers, but when it is time to exploit crude oil and play tribalistic divide and rule politics, Niger Delta becomes Southsouth people and no longer brothers to Igbos, na only God go judge all of una in that Nigeria angry

5 Likes 1 Share

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:24pm On Oct 14, 2021
baralatie:

Did you read the part that said before you can appeal to the court .you will first drop 50% of the claim by firs if the court does not see evidence of 50% the court is not required to hear the case(all in 6 month )

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

2 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Theunbothered: 9:25pm On Oct 14, 2021
See what happens when you elect illiterates who put foreigners over Nigerians into power.
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by adecz: 9:25pm On Oct 14, 2021
⏩⏩ These measures are always
indirectly targeted at Southerners
because they are tge ones that
generally run organized, registered
businesses... ☹️☹️☹️

4 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Nobody: 9:26pm On Oct 14, 2021
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!

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.

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by KillingIsFun: 9:28pm On Oct 14, 2021
Why did you vote for him?

Noble15:
Why is this man bent on killing Nigerians cry

1 Like

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Theunbothered: 9:30pm On Oct 14, 2021
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

This is Buhari's Nigeria, how many times have we had modifications to laws that made sense?

Border closure, Social Media Bill, NIDTA Bill

Continue deceiving yourself.

2 Likes

Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by baralatie(m): 9:33pm On Oct 14, 2021
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
Is that not what the rule states?
Abi the rule stated has part 3?
That is what is inserted there nah?


Oga read the thing again o
Re: Tax Appeal Tribunal Could Kill Your Business In 6 Months by Theunbothered: 9:34pm On Oct 14, 2021
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.

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.

2 Likes

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