Categories: Business

BREAKING: Lawmakers vote against bill seeking to include VAT on exclusive list

The House of Representatives, on Tuesday, rejected a bill seeking to include value-added tax (VAT) on the exclusive list.

A total of 200 lawmakers voted against the amendment, while 91 voted in favour of the amendment at the plenary.

The Federal Inland Revenue Service (FIRS) had asked the national assembly to include VAT collection on the exclusive legislative list.

The FIRS’ move came in the wake of a legal tussle between Rivers State government and agency over collecting VAT and personal income tax (PIT) in the state.

Trends Admin

Recent Posts

UNGA 81: Trump Threatens to ‘Annihilate’ Iran if No Deal Is Reached

UNGA 81: Trump Threatens to ‘Annihilate’ Iran if No Deal Is Reached United States President…

4 hours ago

Mambilla: Malami Defends $200m Settlement, Rejects ICC Corruption Findings

Mambilla: Malami Defends $200m Settlement, Rejects ICC Corruption Findings Former Attorney-General of the Federation and…

4 hours ago

Obasanjo Family, Orji Kalu Among Nigerians Linked to $271m US Property Investigation

Obasanjo Family, Orji Kalu Among Nigerians Linked to $271m US Property Investigation Members of the…

4 hours ago

Phyna, Nkechi Blessing Take Social Media Feud To Boxing Ring In Lagos

Phyna, Nkechi Blessing Take Social Media Feud To Boxing Ring In Lagos Reality TV star…

5 hours ago

Nationwide Blackout Looms As Electricity Workers Give NAF Three-Day Ultimatum

Nationwide Blackout Looms As Electricity Workers Give NAF Three-Day Ultimatum A nationwide blackout could occur…

5 hours ago

Edo Police Arrest Cleric Over Alleged Abduction, Sexual Abuse Of Five Girls

Edo Police Arrest Cleric Over Alleged Abduction, Sexual Abuse Of Five Girls The Edo State…

6 hours ago