The Court of Appeal, Abuja division, has just ruled that both parties maintained the status quo in an appeal filed by the Federal Inland Revenue Service, FIRS against the judgement of the Federal High Court, Port Harcourt, validating the Rivers State law that empowered Rivers State Government to collect VAT, as against the FIRS that…
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…
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