What Some States Contributed To The VAT Pool And What They Received - Nov 2024 - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › What Some States Contributed To The VAT Pool And What They Received - Nov 2024 (34284 Views)
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| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by aswani(m): 6:39pm On Dec 19, 2024 |
McMentor:I have answered this before. With the Tax Reform bill, the headquarters of every single one of those companies, without exception, is now in play to other states VAR wise. Their government just needs to give them, and their employees, nice "sweet heart" deals which might include tax breaks. Those states governments will have to work harder to come up with something better than Lagos state and that includes some long term post-present administration stuff. Infrastructure improvements etc. But would states prefer the current system of lazily folding thief arms and getting handouts rather than making an effort to take a bite out of Lagos state? |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by wunmi590(m): 6:39pm On Dec 19, 2024 |
![]() Robbing Peter to pay Paul.. It's high time all other state who are struggling get their heads up and attract more investors |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Angelfrost(m): 6:42pm On Dec 19, 2024 |
Imo state figure is shocking and shameful...! No wonder many of these parasitic states are against the Tax Reforms. Enough of eating and reaping where y'all didn't sow or Labor. Every state should sit up, and get to work! Find ways to attract investors and improve revenue generation. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by MightySparrow: 6:42pm On Dec 19, 2024 |
Elidrisy20:What is wrong there? |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by aswani(m): 6:42pm On Dec 19, 2024 |
patrickcollins:The get other states making a play for the headquarters of the Telecomms organisation to attract the VAT. What are they scared of, competition? Lagos seemingly isn't, why should anyone else. If you can't work hard as a state government, you should remove yourself and let others that might or can do it. Instead of all this sitting around waiting for central government allocation. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Mariangeles(f): 6:44pm On Dec 19, 2024 |
brain54:Isn't one of them your state? 👀 |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Odingo1: 6:46pm On Dec 19, 2024 |
aswani:There is no bite out of Lagos here, federal might is used to force all companies to have their headquarters in Lagos. Regional government will force all companies to have their selling point headquarters in various regions and pay tax where their products are consumed. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Angelfrost(m): 6:46pm On Dec 19, 2024 |
patrickcollins:Say what you know...! All these telecoms facilities in every state are not there for free! They pay different taxes and fulfill financial obligations to host states to enable them do business. No single top business operates freely in any state in Nigeria. Let's stop covering the shame of these states... They are either unproductive or embezzling revenues. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Sirchiboy: 6:47pm On Dec 19, 2024 |
brain54:. Uncle abeg 1 bag of rice make i use do xmas for my children |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Angelfrost(m): 6:47pm On Dec 19, 2024 |
brain54:Add Imo state too...! Delta and Imo states need to be seriously probed! A lot is not adding up in these 2 states. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by ivandrag0n: 6:48pm On Dec 19, 2024 |
Maxymilliano:Borno, a war-torn state contributes more than all four SE states of Abia, Enugu, Ebonyi & Imo, yet some lunatics will not let anybody rest in the country, with incessant noice of their exaggerated importance! |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by lereinter(m): 6:48pm On Dec 19, 2024 |
All this attack from behind method cos of northern opposition If you want equality come with plane hand too Let each state decide what she wants to tax as vat and collect the vat, utilise it by herself Remove vat from exclusive list to concurrent Shikena |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by bellosulaiman(m): 6:49pm On Dec 19, 2024 |
Maxymilliano:When the govt wants something that favours them, they invoke the wrath of the masses to fight for them and when it’s time for the masses to enjoy, they will never show up. All those supporting this stupendous reform are idiots. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Sirseedorf(m): 6:49pm On Dec 19, 2024 |
Some state are useless ![]() |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Angelfrost(m): 6:49pm On Dec 19, 2024 |
brain54:The entire Northern Nigeria accounts for over 60% of the Corruption swallowing up this 3rd world nation...! They have simply made up their mind to keep dragging this nation into the dunghill of history. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by yommen: 6:49pm On Dec 19, 2024 |
FearlessYoruba:No Sir. One of things the tax reform bills seek to correct is to make the tax count for the states where the items through which the tax is generated is consumed instead of the headquarters of the paying company. If Lagos state is the headquarters of the company, then Lagos government get the tax instead of the states where the items are consumed which is unfair on other states Don't mistake me. Lagos is on my certificate of state of origin. I'm Yoruba through and through but the truth must be told. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Mariangeles(f): 6:50pm On Dec 19, 2024 |
brain54:Na why the north strongly dey against the tax reform. The entitled leeches! |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by erico2k2(m): 6:50pm On Dec 19, 2024 |
Maxymilliano:SO Bornu with unrest contribute more than Imo State or am I reading it wrong ![]() |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by 7upnigeria: 6:50pm On Dec 19, 2024 |
Zonefree:🙊🙊🙊🤐 |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by kenex4ever(m): 6:53pm On Dec 19, 2024 |
FearlessYoruba:They are not. Most of the vat attributed to Lagos are generated from other states with the operational Base and consumption of most of the goods, however the Companies' HQ are in Lagos |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Odingo1: 6:54pm On Dec 19, 2024 |
aswani:The bone of contention here is that MTN sales recharge card in Kano and pay the VAT to Lagos which is supposed to be paid to Kano where the vat is received. The company in Lagos will only pay their gain tax to FG and Lagos not the VAT. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by phemray(m): 6:55pm On Dec 19, 2024 |
brain54:About Kano, religion did not permit operations of some certain things that are accepted in Lagos and rivers. Like alcohol, gaming, hotels, event centres etc |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by airsaylongcome: 6:57pm On Dec 19, 2024 |
brain54:VAT is different from revenue o. People consume MTN services in the hinterland of Nigeria but MTN’s total VAT paid is “allocated” as coming from Lagos. Same with the Banks. Let every business pay VAT where they operate from. Let’s see the difference. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by 7upnigeria: 6:58pm On Dec 19, 2024 |
gare:Obasanjo did so much to ensure it continues that way. Tinubu saw it a long time ago that such formula will not work for a long time. If Obasanjo had allowed Tinubu's ENRON to operate way back 1999, states would have been generating, transmitting and distributing ELECTRICITY by now. Same for taxation and other aspects of leadership. Imagine ONLY FEDERAL GOVERNMENT generating and distributing monies to ALL STATES in Nigeria. If Federal government doesnt give a state money, then it means theyre doomed and will not be able to pay salaries talk less of executing capital projects. Obasanjo seized Lagos state allocation for 22 MONTHS but Tinubu no send am. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Odingo1: 6:58pm On Dec 19, 2024 |
erico2k2:Tribalism, you didn’t see that the same Borno contribute more that Ogun, Ekiti, Osun and Ondo, na only Imo state you see |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by ggood: 6:58pm On Dec 19, 2024 |
redcliff:but anambra doesn't share boundary with Atlantic ocean |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by aswani(m): 7:02pm On Dec 19, 2024 |
Odingo1:What Federal might forces anybody to be located anywhere? Even Ministry's don't have to be located anywhere. Stop making excuses, companies will go to where they can maximise their profits, this is not a communist maximum regulation country. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Odingo1: 7:04pm On Dec 19, 2024 |
ggood:River Niger is an international waterway, it can carry any ship to Onitsha river port. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by 3seriez(m): 7:06pm On Dec 19, 2024 |
brain54:Kano is definitely underpaying taxes. You're observation is on point. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by aswani(m): 7:06pm On Dec 19, 2024 |
Odingo1:Fine, who after Tax Reforms have kicked in, will stop Kano state giving MTN a good deal to set up their headquarters in Kano stae? Or some of their factories producing cards etc up there. It is the laziness mindset of not thinking out of the box because we are guaranteed monies monty that we don't have to account for that nerds changing, and not just for Northern states. |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by Pootle: 7:07pm On Dec 19, 2024 |
aswani:gbamsolutely |
| Re: What Some States Contributed To The VAT Pool And What They Received - Nov 2024 by AwkaFinest: 7:08pm On Dec 19, 2024 |
Rivers State has really suffered the most in this country. Oil revenue Nigeria milk the state. VAT Rivers is still milked. Chai! |
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