Does the Multiplicity of Taxation Laws Across Various Jurisdictions of Local, State, and Federal Governments Result in Double Taxation or Unfair Practise?

Does the Multiplicity of Taxation Laws Across Various Jurisdictions of Local, State, and Federal Governments Result in Double Taxation or Unfair Practise?

ByGresyndale Legal

INTRODUCTION “Though considered a civic duty, tax remittance is a significant source of revenue generation that helps the government to meet its statutory obligations. However, its multiplicity and duplication by government agencies has turned it into a clog in the wheel of progress for companies, micro, small and medium-scale businesses struggling to survive amid worsening…

The Legality or Otherwise of Paying Taxes on Sales/Consumption to Both the Federal and State Governments by Nigerian Companies’

The Legality or Otherwise of Paying Taxes on Sales/Consumption to Both the Federal and State Governments by Nigerian Companies’

ByGresyndale Legal

Part A INTRODUCTION This write-up is premised on the demand made for payment of VAT by the Federal Government which is currently charged on goods and services (except those exempted) purchased by a consumer at the rate of 7.5% of the total sales and the demand by State Governments for consumption taxes (called by various…