VAT

States have no valid claim on VAT collection, it’s on exclusive legislative list – Malami

Attorney-General of the Federation and Minister of Justice, Abubakar Malami has said that states in the country do not have any valid claim on...

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FG, States, LGs Share N696.965bn As VAT Revenue Hits N166.228bn

The Federation Accounts Allocation Committee (FAAC) has shared a total of N696.965 billion as federation allocation for the month of August.Oshundun Olajide, a Deputy Director...

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FG Considering To Resolve VAT Dispute At Supreme Court – Malami

As more reactions trail the controversy over the collection of Value Added Tax (VAT), the Federal Government has moved to find a permanent resolution...

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Wike Slams Critics Over VAT Collection Dispute

Rivers State Governor, Nyesom Wike, has slammed those criticising him for the decision of the state government to challenge the legality of the Federal...

Business and Economy

VAT: We are confused over remittance, says Private sector

The Organised Private Sector of Nigeria has said fulfilling of tax obligations, especially remitting Value Added Tax, has become confusing as businesses did not...

News

Plan to Amend Constitution over VAT Will Be Dead on Arrival – Akeredolu

Governor of Ondo State and Chairman, Southern Governors Forum, Mr. Rotimi Akeredolu, has said the move by the Federal Inland Revenue Service (FIRS) to...

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VAT Dispute: Umahi Begs Governors To Be Their Brother Keeper

Ebonyi State Governor, David Umahi, has appealed to state governors to sheathe their swords as the dispute over who should collect Value Added Tax...

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VAT bill scales first and second readings at Ogun Assembly

Amid the controversy that has trailed the dispute between the Federal Inland Revenue Service (FIRS) and some states over the collection of Value Added...

Business and Economy