Stamp duty: NIPOST tackles FIRS, moves for Finance Act amendment

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The Nigerian Postal Service has sent a request for an amendment to the Finance Act 2019 to the National Assembly as it seeks to be empowered to earn revenue from the collection of stamp duty.

It was gathered that the postal service was seeking the inclusion of adhesive postage stamp as part of the definition of stamp in the Act.

NIPOST and the FIRS had been embroiled in a dispute since 2019 over which agency should collect stamp duty on behalf of the Federal Government. The Finance Act 2019 contained an amendment to the Stamp Duty Act, which conferred on the FIRS the exclusive right to collect stamp duty on behalf of the Federal Government.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

The fact that it is call stamp duty doesn't make it have anything to do with the postal service. NIPOST should get real for once. I would have expected them to make effective use of their fallow offices here and there

That 50NGN go choke them.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Court voids Finance Minister's power to amend Taxes, Levies ActCourt, on Wednesday, voided the Minister of Finance's power to amend the Taxes and Levies (Approved List for Collection) Act, 2004.
La source: vanguardngrnews - 🏆 5. / 75 Lire la suite »

Court strips finance minister of tax law amendment powerStating that it is only the NationalAssembly that could amend laws, Justice Faji reiterated that the minister lacked the constitutional power, legislative competence to amend an Act of the National Assembly or any part thereof.. TaxLaw AmendmentPower
La source: GuardianNigeria - 🏆 1. / 94 Lire la suite »