Many Governors have spoken out on the ongoing crisis over who has the right to collect Value Added Tax between the Federal Inland Revenue Service and the state governments.
Photo credit: Vanguard
Since the VAT crisis started, many influential political players have spoken on the issue. While some political players spoke against the idea of state administration of VAT because of its negative consequences on states with low taxes, some political players have commended the idea and believed it is the way to go.
Photo Credit: Daily Trust
He Wants Supreme Court to deliver urgent Judgment on the issue to know who Is In charge of VAT
Governor Fayemi while speaking on the VAT crisis, called on the Supreme Court to give an urgent ruling on the matter to know who is in charge of VAT.
Photo credit: Vanguard
According to the report, Fayemi wants to be clarified on the issue of VAT to know who is in charge of VAT whether the state governments or Federal Inland Revenue, FIRS.
Fayemi believes that the Supreme Court ruling will bring an efficient way of collecting taxes and solve the tax problem of the country which he described as problematic and confusing.
Recall that some northern Governors like Governor Yahaya Inuwa of Gombe State had earlier called on the southern counterparts to shelve the idea of state administration of VAT because of its negative consequences on northern states with low VAT.
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