The Northern Governors Forum (NGF) has kicked against the proposed Tax Reform Bill that was sent to the National Assembly.
It communicated that the proposed tax bill is against the interests of the North and other sub-nationals.
In a dispatch read by the chairman of the forum and Lead Representative of Gombe state, Mohammed Yahaya, the Lead Representatives disapproved of the proposed amendment to the distribution of Value Added Tax (VAT) to the derivation-based Model.
The “Forum notes with dismay the content of the recent Tax Reform Bill that was forwarded to the National Assembly. The contents of the Blare against the interests of the North and other sub-nationals, especially the proposed amendment to the distribution of Value Added Tax (VAT) to a Derivation-based Model”.
The forum accordingly approached members of the National Assembly (NA) to go against the bill that can risk the well-being of their people.
“This is because companies remit VAT using the location of their headquarters and tax office and not where the services and goods are consumed. In view of the foregoing, the Forum unanimously rejects the proposed Tax Amendments and calls on members of the National Assembly to oppose any bill that can jeopardize the well-being of our people,” the Lead Representatives said.
It additionally demanded equity and fairness in the execution of all Federal Government programmes and policies.
The Lead Representatives called for “equity and farness in the implementation of all national policies and programmes, to ensure that no geopolitical zone is short-changed or marginalized”.
