“Yes, we have put some machinery in place,” Mr Omotoso told The Gazette. “And we will go ahead to collect VAT.”
Rivers wants the Supreme Court to order that the substantive appeal by FIRS be heard and determined by a fresh panel of the Court of Appeal.
Rivers Governor has carried on with his determination to emplace enabling structure for the administration of the new VAT law in his state despite appeal court ruling.
The state said it supports anything that improves its IGR, and was keen on joining Rivers should FIRS appeal the judgment.
The FIRS through a letter to the Deputy Speaker of the House of Representatives is seeking amendment to the Constitution to enable it collect VAT and other taxes.
MTN Nigeria has revealed it paid the federal government N95.5 billion for 2020 company income tax (CIT) amid claims of tax indebtedness to the government.
NACCIMA has warned that President Muhammadu Buhari regime’s tax policy will kill small businesses and called for the FIRS tax appeal practice direction’s suspension.
The order is pending the final determination of an appeal filed by Multichoice before the tax tribunal.
The Federal Inland Revenue Service (FIRS) has threatened to penalise taxpayers in Rivers who refuse to pay their value-added tax (VAT) to the agency.
A Port Harcourt Division of the Federal High Court had recently ruled that collection of VATs by the federal government was illegal.
