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VAT

Business

NRS clears air on VAT and banking fees after confusion over tax act

Admin -
The Nigeria Revenue Service (NRS) has rejected claims that the recently enacted Nigeria Tax Act has introduced a new Value Added Tax (VAT) on...
News

Five states set to pitch tent with FIRS to fight Lagos, Rivers  in VAT collection legal  battle.

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By Yemi Oyeyemi, Abuja The Attorney General of the Federation AGF and  the governments of Adamawa, Plateau and Kaduna States are set, this week, to...
Business

Status quo remains for FIRS as Appeal Court joins Lagos in battle over VAT collection

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By Yemi Oyeyemi, Abuja The Court of Appeal in Abuja on Thursday  formally permitted and joined Lagos state government as the third respondent in the...
News

Appeal Court declines Rivers, Lagos request to stop FIRS from VAT collection, wants application in writing

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▪︎ Reserves ruling on Lagos joinder bid. By Yemi Oyeyemi, Abuja. The Court of Appeal on Thursday declined to accede to the request of Rivers and...
News

VAT War: Rivers goes to Supreme Court, wants appeal court panel disbanded

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The Rivers State government has upped the ante in its battle to collect Value Added Tax (VAT) within the state by filing an appeal...
Politics

Feeding Bottle Federalism: Allow VAT Legal Battle Run Full Course, Ekweremadu Advises NASS

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▪︎Calls for expedited hearing of VAT, stamp duty suits  Former Deputy President of the Senate, Senator Ike Ekweremadu, has advised the National Assembly not to...
Business

Breaking: Appeal Court Stops Rivers, Lagos From collecting VAT…For Now

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By Yemi Oyeyemi, Abuja The Court of Appeal in Abuja has halted the Rivers State government from collecting Value Added Taxes (VAT) until all legal...
Business

VAT Battle Royale: Lagos Assembly passes VAT Bill; Wike threatens to shut FIRS offices in Rivers as Service insists on collection

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As the battle of wits rages between the Rivers State government and the Federal Inland Revenue Service over the collection of the Value Added...
Business

FIRS insists on VAT collection as it fails to stop Rivers govt, Wike orders commencement

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A Federal High Court sitting in Port Harcourt, Rivers State, has dismissed a suit by the Federal Inland Revenue Service, FIRS, seeking to stop...
Business

VAT Collection: FIRS Files Appeal Against Court Judgment

Admin -
Release The Federal Inland Revenue Service (FIRS) has appealed a recent judgment of the Federal High Court in Port Harcourt Rivers State on the issue...
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