Rivers Begins Enforcement of VAT Law

The Rivers State Government has commenced implementation of the state’s Valued Added Tax Law.

Stating the importance of the meeting, Governor Wike said, it will enable the business community not to fall prey to the antics that could be deployed by the Federal Inland Revenue Service officials, who he said could use force to collect what does not belong to them. “Corruption is not only about kickbacks, it is also about doing something illegally. We were in court in 2020.Then on July 1st 2021, the chairman of FIRS wrote to the National Assembly through the office of the Deputy Speaker of the House of Representatives.

Governor Wike described the disparity in VAT proceeds and what was given to the States as an inexplicable form of injustice that weakens the performance potential of the states. “So you allow me to call the big companies, award contracts to them, then you, FIRS, come and collect the tax and then go and distribute it to other states who are not awarding contracts. How does it sound.”

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VAT: FIRS threatens those paying to Rivers govt after losing in courtThe agency warns that defaulters may pay penalty for not maintaining the 'status quo'. It's like Federal government doesn't understand that GovWike owns Nigeria judiciary... It's better states collect their VAT and develop their each state with it. What federal government needs to do is to handover some federal government responsibilities to state and free themselves from more burdens. Let the lazy states wake up. FIRS must be so very senseless to make that threat. It cannot be an affront to the rule of law. The court has spoken in favour of paying VAT to RVSG in Rivers State, & anybody now paying it to FIRS is DEEMED NOT TO HAVE PAID & is accordingly liable to pay it again to RVSG.
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