It made this known at the opening of a three-day public inquiry on draft of Telecom Regulations and Guidelines review.
Browsing: Value Added Tax
This was contained in a statement by Phil Abiawute-Mowete, Director, Information/Press, Federal Ministry of Finance, Budget, and National Planning, in Abuja on Wednesday.
This was contained in a communiqué issued at the end of a virtual meeting of the FAAC for February 2022.
The implication of this is that many Nigerian tech startups are frustrated out of business because they are not able to compete.
As citizens buy goods and services daily for their upkeep, they unconsciously pay taxes relating to the value of the goods they consume and the value added to it, in the form of value added tax. These are often paid without much ado.
Marketers confirmed the development to NAN on Monday in Lagos while reacting to the decrease in the price of the product.
The Value Added Tax case is between the Federal Inland Revenue Service and the Rivers State Government.
Wike spoke when a The Sun delegation presented a letter notifying him of his emergence as winner of the Man of the Year 2020 award
Justice Stephen Pam of a Federal High Court in Port Harcourt had in a judgment delivered on August 9 held that the Rivers State Government and not the Federal Inland Revenue Service had the right to collect VAT and Personal Income Tax in the state.
The human rights lawyer stated his position on the ruling in a statement he made available to newsmen on Saturday
The federal tax agency is also requesting the federal lawmakers to approve for it, the establishment of the Federal Revenue Court of Nigeria.
Governor Wike said this in a statewide broadcast on Monday after a court ruling barring the FIRS from collecting VAT.
The Special Assistant to the Chairman of the FIRS on Media and Communications, Johannes Wojuola, gave the advice in a statement in Abuja on Monday.
The House also read for the first and second time the state’s Value Added Tax bill and asked the committee on finance which is handling it to report back on Thursday.
The National Bureau of Statistics published the figures in Abuja on Saturday in its Sectoral Distribution of VAT for Q1 2021.
Daibu Abubakar, the Press Secretary, Ministry of Finance and Planning, said this in a statement on Saturday in Ilorin.
The NBS said this in its “Sectoral Distribution of Value Added Tax (Q4 2020)” obtained from its website on Wednesday in Abuja.
The Federation Accounts Allocation Committee has shared N606.196 billion to the three tiers of government for the month of April.
Tinubu said this in a statement he wrote in commemoration of his 68th birthday on Friday
The Federation Accounts Allocation Committee has shared a total of N581.566 billion February 2020 Federation Account Revenue to the Federal, States and Local Governments in the country.