RMAFC, Tinubu panel differ on VAT sharing formula
The Presidential Fiscal Policy and Tax Reforms Committee and the Revenue Mobilisation Allocation and Fiscal Commission are locked in a…
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Browsing Tag
VAT
Imo govt replies PDP over low rating on VAT collection
The All Progressives Congress-led administration of Hope Uzodinma in Imo State has replied to the People Democratic Party (PDP) on the issue of low collection of Value…
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Imo lowest record in VAT evidence of dying economy – PDP
The Peoples Democratic Party, (PDP), Imo State Chapter, has alleged that the recently released data on Value Added Tax, VAT, as generated across the 36 States of the…
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Govs threatening Reps over Tinubu VAT bill – Spokesman
The deputy spokesman for the House of Representatives, Mr Philip Agbese, has disclosed that some state governors are threatening to deny…
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More burden for Nigerians as Tax Committee recommends VAT hike
The Presidential Committee on Fiscal Policy and Tax reforms has recommended an upward review of the Value Added Tax (VAT).
Chairman of the committee, Taiwo Oyedele, also suggested that…
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Nigeria’s VAT collection efficiency lowest in Africa — Abbas
…says 10th House’ll aid Tinubu’s economic reforms
The Speaker of the House of Representatives Rt. Hon. Abbas Tajudeen, Ph.D, has decried that Nigeria’s efficiency in collecting Value…
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FG eyes N5trn VAT in 2024
The Federal Inland Revenue Service has said that the Federal Government is eyeing a Value Added Tax of N5 trillion in 2024 while also putting mechanisms in…
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Wike signs VAT collection, anti-open grazing bills into law
GOVERNOR Nyesom Wike of Rivers State has signed into law bills on Value Added Tax (VAT) collection and Open Grazing Prohibition.
The governor maintained that the judgement of the…
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