The League of Northern Democrats (LND), led by former Kano State Governor, Senator Ibrahim Shekarau, has rejected the proposed derivation formula in the ongoing tax reform discussions, warning that it could deepen regional inequalities if not explicitly defined. In a statement released on Sunday, LND spokesperson, Dr. Ladan Salihu, commended the Nigeria Governors’ Forum (NGF) for endorsing a revised Value Added Tax (VAT) sharing formula of 50% b…

Daily Post Nigeria

Nigeria

Tax Reform: League of Northern Democrats rejects derivation formula

A new tax system could be simpler if the single-tax model had been adopted, as was the initial idea of PEC 45.

Novo sistema tributário poderia ser mais simples se tivesse sido adotado o modelo de um único tributo como era a ideia inicial da PEC 45

O que temos a comemorar na reforma tributária?

Globo

Roberto Irineu Marinho

Brazil

What do we have to celebrate in the tax reform?

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Independent business

The League of Northern Democrats has rejected the derivation formula proposed in the ongoing tax reform discussions, warning that it could deepen regional inequalities if not properly defined.

Punch Newspapers

Tax reform: Northern group rejects derivation formula

The League of Northern Democrats (LND) has commended the Nigeria Governors’ Forum for endorsing the tax reforms aimed at modernising Nigeria’s fiscal system, enhancing stability and aligning with global best practices. However, the group has stressed the need for a clear definition of “derivation” as a prerequisite for its full support of the proposed reforms. In a statement by its spokesman, Ladan Salihu yesterday, the LND emphasised that “deri…

Leadership

Sam Nda-Isaiah

Abuja

Municipal Area Coun

Federal Capital Territory

Northern Democrats Laud Govs On Tax Reform Bills

ShareThe League of Northern Democrats (LND) has picked a hole in the state governors’ endorsement of a revised Value Added Tax (VAT) sharing formula. The governors after a meeting with the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, on January 16, said they agreed on the sharing based on... The post Tax Reforms: LND Picks Hole In Govs’ Endorsement On VAT Sharing Formula appeared first on New Telegraph.

Newtelegraph

Tax Reforms: LND Picks Hole In Govs' Endorsement On VAT Sharing Formula

Tribune Online Northern democrats withhold support for tax reforms over ‘derivation’ The League of Northern Democrats (LND) has expressed reservations about the recently proposed tax reforms endorsed by the Nigeria Governors’ Forum (NGF), citing concerns over the definition of “derivation” in the revised Value Added Tax (VAT) sharing formula. In a press release issued by its spokesperson, Dr. Ladan Salihu, on Saturday, the LND acknowledged the […

Tribune Online

Northern democrats withhold support for tax reforms over ‘derivation’

The League of Northern Democrats (LND) under the leadership of former Kano State Governor, Senator Ibrahim Shekarau, has rejected the derivation formula proposed in the ongoing tax reform discussions, warning it could deepen regional inequality if not clearly defined. LND spokesman, Dr Ladan Salihu, said this in a statement on Sunday. The league, however, commended the Nigeria Governors’ Forum (NGF) for endorsing a revised Value Added Tax (VAT) …

The Whistler Nigeria

Tax Reform: Shekarau-Led Group Rejects Derivation Formula

Daily Trust

Tax reform: Shekarau-led group rejects derivation formula - Daily Trust

The League of Northern Democrats (LND), led by former Kano State Governor, Senator Ibrahim Shekarau, has rejected the proposed derivation formula in the ongoing tax reform discussions, warning that it could deepen regional inequalities if not explicitly defined. In...

Tax Reform: League of Northern Democrats rejects derivation formula

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