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What Percentage Of State Owned Revenue Is Sent To The Federal Government - Politics - Nairaland

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What Percentage Of State Owned Revenue Is Sent To The Federal Government by okusebi(m): 2:19pm On Mar 05, 2017
hello guys. I need to know the percentage of state owned revenue that is allocated to the federal government of Nigeria
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by Demulsify: 2:48pm On Mar 05, 2017
VAT
WHT ON LTD LIABILITIES
CGT ON LTD
AND EVERY OTHER TAX COLLECTED BY FIRS. However the revenue generated federally is distributed based on faderal allocation to all states of the FRN.
oil producing states get an additiinal 13% from oil generated revenue.
Hope this helps
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by Googleus(m): 3:05pm On Mar 05, 2017
The guy above me can fail WAEC

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Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by okusebi(m): 3:08pm On Mar 05, 2017
? quote author=Demulsify post=54294214]VAT
WHT ON LTD LIABILITIES
CGT ON LTD
AND EVERY OTHER TAX COLLECTED BY FIRS. However the revenue generated federally is distributed based on faderal allocation to all states of the FRN.
oil producing states get an additiinal 13% from oil generated revenue.
Hope this helps
[/quote]
you only succeded in confusing me
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by okusebi(m): 3:13pm On Mar 05, 2017
Demulsify:
VAT
WHT ON LTD LIABILITIES
CGT ON LTD
AND EVERY OTHER TAX COLLECTED BY FIRS. However the revenue generated federally is distributed based on faderal allocation to all states of the FRN.
oil producing states get an additiinal 13% from oil generated revenue.
Hope this helps
confusion on the hair.. not clear enough
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by Demulsify: 3:17pm On Mar 05, 2017
okusebi:
? quote author=Demulsify post=54294214]VAT
WHT ON LTD LIABILITIES
CGT ON LTD
AND EVERY OTHER TAX COLLECTED BY FIRS. However the revenue generated federally is distributed based on faderal allocation to all states of the FRN.
oil producing states get an additiinal 13% from oil generated revenue.
Hope this helps


Let me clarify.
State generated revenue is basically for the state. None for the Federal government. However, when generating state revenue, certain conditions apply which i stated earlier.

Is that clearer?
you only succeded in confusing me
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by Demulsify: 3:18pm On Mar 05, 2017
[quote author=okusebi post=54294687]? quote author=Demulsify post=54294214]VAT
WHT ON LTD LIABILITIES
CGT ON LTD
AND EVERY OTHER TAX COLLECTED BY FIRS. However the revenue generated federally is distributed based on faderal allocation to all states of the FRN.
oil producing states get an additiinal 13% from oil generated revenue.
Hope this helps


Let me clarify.
State generated revenue is basically for the state. None for the Federal government. However, when generating state revenue, certain conditions apply which i stated earlier.

Is that clearer?
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by okusebi(m): 3:46pm On Mar 05, 2017
[quote author=Demulsify post=54294948][/quote]yeah thanks
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by SalamRushdie: 3:50pm On Mar 05, 2017
Demulsify:
VAT
WHT ON LTD LIABILITIES
CGT ON LTD
AND EVERY OTHER TAX COLLECTED BY FIRS. However the revenue generated federally is distributed based on faderal allocation to all states of the FRN.
oil producing states get an additiinal 13% from oil generated revenue.
Hope this helps

How does state govt collect VAT ?
Re: What Percentage Of State Owned Revenue Is Sent To The Federal Government by oduastates: 4:46pm On Mar 05, 2017
The FG vaccums almost all revenues at source

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