Governors of South-South have declared that they would join the suit currently before the Supreme Court of Nigeria over collection of Value Added Tax, VAT, between Federal Inland Service (FIRS) and Rivers State. The governors made the declaration after a meeting of the council of the BRACED (an acronym representing the region’s six states of…
VAT Collection by States: FIRS Seeks Stay of Execution
The Federal Inland Revenue Service, FIRS, has applied to the Federal High Court sitting in Port Harcourt for an order of stay of execution of the judgment given by the court on August 9th that declared as unconstitutional the collection of Value Added Tax, VAT, by the Federal Government. The FIRS also sought an order…
Court Stops FG from Collecting VAT, Personal Income Tax
The Federal High Court sitting in Port Harcourt has declared that it is not the place of the Federal Inland Revenues Service to collect Value Added Tax, VAT, and personal income tax, PITA. In a suit brought by the Rivers State Government, the court, presided over by Justice Stephen Dalyop Pam, also issued an order…
