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ICAN seeks amicable resolution of VAT collection dispute

ICAN seeks amicable resolution of VAT collection dispute
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Port Harcourt , Rivers State , Panuwat Dangsungnoen Getty , Ahmed Kumshe , Revenue Service , News Agency Of Nigeria , High Court , Institute Of Chartered Accountants Nigeria , Chartered Accountants , Federal Governments , Chief Executive , Federal High Court , Attorney General , Federal Inland Revenue Service , News Agency , Value Added Tax ,

Unity Bank, BoI, Others Challenge Taxes Imposed by Tribunal


By Oluchi Chibuzor
Some tax payers within the North-west Zone, comprising the states of Kaduna, Kebbi, Kano, Katsina, Jigawa, Sokoto and Kano have availed themselves of the service of the Tax Appeal Tribunal (TAT) North-west Zone, sitting in Kaduna to successfully challenge arbitrary tax assessments imposed on them by the various revenue services and boards within the zone.
Organisations which have recently taken their cases to the tribunal included Unity Bank, Silver Plastics, Leadway Pensure Limited, Bank of Industry, Access Bank and Kano State University of Science and Technology, Wudil.
Ibrahim Boyi of Ibrahim Boyi and Company, a law firm resident in Kano, on November 11, 2020, filed before the tribunal, an appeal challenging an assessment of the sum of N118,865,475.42 imposed on Silver Plastics by the Kano State Internal Revenue Service. ....

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