The directive by the Lagos chapter of the Incorporated Trustees of the Hotel Owners and Managers Association to its members to reject a request by the Federal Inland Revenue Services or its agents for collection of Value Added Tax from their businesses has again reignited the endless battle against VAT in the country, writes Festus Akanbi
Last week, the Lagos chapter of the Incorporated Trustees of the Hotel Owners and Managers Association (HOMA) directed its members to treat with disdain any request made by the Federal Inland Revenue Services (FIRS) or its agents for collection of Value Added Tax (VAT) from their businesses.
The HOMA, which is made up of hotels, restaurants, fast food outlets, night clubs, and related hospitality outfits, said it had been resisting since 2018, efforts of the FIRS to levy VAT on the businesses of its members contrary to the judgment of a Federal High Court in Lagos, that declared such levy as illegal, null and void.
HOMA’s position contained…
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