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Nairaland Forum / Nairaland / General / Politics / AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) (25194 Views)
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Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by IGBOSON1: 12:46pm On Dec 14, 2020 |
xProfx: Then the greedy federal gov't should share the one they get with the states! Why should the state gov'ts provide a enabling environment for business in their states only for the useless federal gov't, that has contributed nada, now come and elbow them out of the way and greedily collect all the tax due! 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by nsivic2001: 12:50pm On Dec 14, 2020 |
This Nigeria with tax eehh....common dyna wey I dey drive you go buy paper full motor...federal emblem, state emblem, local government emblem,nurtw emblem, advertising emblem etcccc....on top of that,you go come dey pay 100 naira for ticket everyday... Wahala no be to buy ticket and emblem.... To say I dey see wetin dem dey carry these money do , I no for get wahala....road no good, security no dey , police go still worry you for road add This country na real Bleep up 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by bjtinz: 12:50pm On Dec 14, 2020 |
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Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by EmmaOgbu(m): 1:00pm On Dec 14, 2020 |
xProfx:That is the major issue why companies don't last long in Nigeria. Double taxation. 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by Zetty177x: 1:01pm On Dec 14, 2020 |
xProfx:Nigeria has a long way to go. Fining corporations up and down, unnecessary taxation, other bottlenecks, how do they expect the company to grow? Clueless cows 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by Zetty177x: 1:02pm On Dec 14, 2020 |
nsivic2001: Hmmmm.... terrible Country 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by SaintLucia: 1:02pm On Dec 14, 2020 |
MyGeneration:Ikpeazu and Abia state whenever he is broke and wants to prove that he is working to generate internal revenue. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by MyGeneration(m): 1:06pm On Dec 14, 2020 |
SaintLucia:Wow nice. Ok gimme proof ler it not end in ur imagination. SE is the most peaceful region in Nigeria and the best place to do business |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by SaintLucia: 1:09pm On Dec 14, 2020 |
MyGeneration:Ikpeazu and Abia state whenever he is broke and wants to prove that he is working to generate internal revenue. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by badman007(m): 1:25pm On Dec 14, 2020 |
CBN is full of stupid crooks |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by MyGeneration(m): 1:27pm On Dec 14, 2020 |
SaintLucia:So what's the business of what y said and gt bank and akwa ibom or SS? |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by Nobody: 1:28pm On Dec 14, 2020 |
SaintLucia:Oga, you are the one saying what you don't know. Pocohontas too, saying what she knows not. Banks pay PAYE of their staff(deducted from staff salaries) to the states they are resident in. Sometimes, they also pay WHT on rent(esp. when the building they are occupying is rented and not theirs) and a few others. This over 180milli must be a result of back duty audit..like an accumulation of tax liabilities over the years. Please be informed. Thank you. 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by SaintLucia: 1:34pm On Dec 14, 2020 |
OZOnNengiTheory:Banks doesn't pay tax in Lagos. Don't say what u don't know. Banks only pay tax to the federal government. Only local government collect money from banks, money like parking space, environmental/fumigation certificate, business permit within the local government which are even negotiable. Only in south south and southeast u see governors harassing banks |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by SaintLucia: 1:34pm On Dec 14, 2020 |
MyGeneration:Ikpeazu and Abia state whenever he is broke and wants to prove that he is working to generate internal revenue. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by Nobody: 1:38pm On Dec 14, 2020 |
SaintLucia:Okay |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by SIONKPO1(m): 1:39pm On Dec 14, 2020 |
pocohantas:You are wrong,same GTBANK branches all over nasarawa state was shut for at least a week, I believe the problem is a tax bruhaha and Labour laws,it needs to be adjusted in quick time *Almost all the staffs of GTBANK even securities are Yoruba,Igbo and ibibio even in kano,nasarawa and Niger state. is the same *Zenithbank@UYO is populated by Igbo's ***Labour laws needs to be made to ensure that at least 50% staff of these financial are qualified indegenes of states they are operating 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by jornwhite: 1:43pm On Dec 14, 2020 |
xProfx: There is nothing such as double taxation, branches pay taxes to state govt while headquarter pay directly to the FG. These branches across state have financial statement that depict Revenue, the fact that they retain certain % of the revenue makes them liable to taxation from the state govt. Branches pay only to state while head offices pay to the FG, so there is no issue of double taxation. its only fair the state generate funds to provide & maintain infrastructures which aids business operations within the state. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by Nobody: 1:45pm On Dec 14, 2020 |
jornwhite:Ok |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by labiola: 1:47pm On Dec 14, 2020 |
A lot of people here no jack on tax administration in Nigeria. There is no way GTB will be owing such amount. The only tax state govt can enforce is Personal Income Tax (PAYE) and probably development levy as applicable in Lagos state. How many staff did GTB has in that state that warranted #185million liability? Most of the state revenue service just apply tax liability to company base on their judgement which is not right. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by Traviscottt: 1:48pm On Dec 14, 2020 |
hardbody: Oga chill out abeg. Even the 'entity concept' doesn't apply to Mr Agbaje. He's just a CEO. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by labiola: 1:50pm On Dec 14, 2020 |
jornwhite: Which law did you get this from? Stop displaying your ignorance on something you have little knowledge of. Go and read more on tax administration in Nigeria. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by jornwhite: 1:56pm On Dec 14, 2020 |
labiola: Ok, will do that in my spare time, however what is your stand cos you said nothing |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by pocohantas(f): 2:11pm On Dec 14, 2020 |
SIONKPO1: I am not wrong, I very well know what I am saying. If you meet the requirements and get the job, fine- but you don’t tell a private organization to give 50% to indigenes. For what exactly? Na you build the bank? Abi are they tapping your natural resources like oil companies do? You must be a Northerner to come up with this idea. You just have to be. 2 Likes |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by SIONKPO1(m): 2:14pm On Dec 14, 2020 |
pocohantas:I'm a core southerner,The financial institutions allows ethnicity to thrive a lot, Example No Nasarawa state indegenes in GTBANK,ecobank,zenith bank and access at their mararaba branch,karu nasarawa state,do you mean that they don't apply or they are not qualified to work as cashier Our labour laws needs. To be revisited |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by pocohantas(f): 2:21pm On Dec 14, 2020 |
SIONKPO1: They should try and pass their interviews and training school. Banks are even looking for northerners to post to their individual states, because southerners do not like going there. Where we see them? Many of them would rather work in government parastatals. It is not the bank that will go look for them. They are not the only ones in Nigeria. 3 Likes |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by PHijo(m): 3:37pm On Dec 14, 2020 |
xProfx: In other climes people county, state and national taxes. The problem with Nigeria is that the so called federal government has stolen local resources and is still taking most of the taxes states or LGAs should be taking. Lagos taxes the banks and their work force more than Akwa Ibom or any other state does. They are not overcharging clients because of taxes, they are doing that because they failed in their core responsibility as financial institutions. 1 Like |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by SIONKPO1(m): 4:18pm On Dec 14, 2020 |
pocohantas:zenithbank is populated by Igbo's and GTBANK by Yoruba's both at Uyo,so do you mean that akwa ibomites are not applying for banking jobs? |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by hardbody: 4:36pm On Dec 14, 2020 |
Traviscottt: I am struggling to understand your point, really. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by silibaba: 4:59pm On Dec 14, 2020 |
Gtbank will soon follow the likes of intercontinental bank. I even heard they wrote court that they want to discontinue the plc rather limited. They just got customers, but not making profit. Your money in that bank is no longer safe. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by labiola: 7:57pm On Dec 14, 2020 |
silibaba: Hmmmm. a little google search will help you to know that GTB is one of the strongest Bank in Nigeria. For your information, they posted over 109b profit before Tax. So your assertion is wrong, always get your facts right. |
Re: AKIRS Seals Off Guarantee Trust Bank Over Tax Default (Photos) by thatsleepboy1: 10:40pm On Dec 14, 2020 |
pocohantas: Pocohantas is back. I didn't follow you for nothing. Thanks for the enlightenment. |
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