NGO Sues FIRS Over Sponsorship of Entertainment Concerts

Proshare

Sunday, January 27, 2019       01.17PM  / By Lawyard / Image Credit: The Guardian Nigeria

 

The Laws and Rights Awareness Initiative has, through its trustees, brought an action against the Federal Inland Revenue Service (FIRS) at the Abuja Division of the Federal High Court.

 

 In the suit, the Laws and Rights Awareness Initiative is challenging the power of the FIRS to provide commercial sponsorship or support to entertainment concerts and shows. In the originating summons filed by their counsel, Olumide Babalola and Mofesomo Tayo-Oyetibo.

 

The Initiative alleges that the FIRS has been sponsoring and supporting entertainment events and concerts such as the Festival of Lights, Davido Live in Concert and King Coal in Concert when it has no power to do so under the Federal Inland Revenue Service Act, as a result of which it has acted beyond the scope of its powers under the Act.

 

The reliefs sought in the Originating Summons include a declaration of the Federal High Court that it is ultra vires the FIRS and unlawful for it to defray any money towards the sponsorship or any other form of support howsoever called, of concerts, entertainment shows or any other event howsoever called, which are not stipulated as part of the statutory expenditure of the FIRS under section 16 of the Federal Inland Revenue Service Act.

 

Proshare Nigeria Pvt. Ltd.

Source:  Lawyard 

The Initiative also seeks an Order of injunction restraining the FIRS from defraying any amount towards any event not mentioned in section 16 of the Act or any other Act of the National Assembly. The FIRS is yet to file a defence to the action. 


Proshare Nigeria Pvt. Ltd. 

 

Related News From Lawyard

1.       FIRS Lacks the Powers to Impose Turnover Assessment on the Value of Properties - Federal High Court

2.      Arbitration Panels Do Not Have Jurisdiction Over Tax - Court Of Appeal

3.      FIRS' Power of Tax Substitution, Freezing Order, and Applicability to Business Names 

 

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

 

Related News

1.       LIRS Appoints Employers To Deduct and Remit CGT On Compensation for Loss of Employment

2.      Capital Gains Tax On Payments To Employees For Loss Of Employment – Initial Thoughts

3.      Appointment Of Payers Of Capital Sum Inclusive Of Employers As Collecting Agents

4.      Individuals Working on the Nigerian Offshore Oil-drilling Platforms – Who Gets the Tax?

5.      Tax Planning: Is there any Legal and Moral Benefit?

6.      LIRS Issues Clarification on the Taxation of Interest Benefit on Loans granted to Employees

7.      Taxation of entertainers and sportsmen in Nigeria: What, how and where?

8.     Guide to Fiscal Information - Key Economies in Africa 2017

9.      Taxation of High Net-Worth Individuals: Is this a chase after shadows?

10.  NFIU, FIRS Host International Tax Conference in Abuja on April 26-28, 2017

11.   TAX ALERT: Nigeria considers New Tax Amnesty Framework through VAIDS

12.  Large Shortfall In Non-oil Revenue Collection

13.  N273.50bn Generated as VAT in Q3 2018 - NBS

14.  Releases New Executive Order to Combat Money Laundering and Tax Evasion

15.   Strong Growth in FIRS Collections

16.  Still a Mountain to Climb on Non-oil Revenues

17.   #NES24: Fiscal Governance And Taxation in Nigeria - Dr. Doyin Salami

18.  #NES24: 6 Global Lessons on Tax For The Nigerian Context- Neil McCulloch

19.  #NES24:Stakeholders Explore Leveraging Domestic Resource Mobilisation for Sustainable Development

20. FIRS issues Public notice on Implementation of the Revised 2018 Transfer Pricing Regulations

21.  FHC Confirms Applicability Of VAT On Services Rendered By A Foreign Entity To A Nigerian Entity

22. Value Added Tax Modification Order For The Power Sector

23. The Income Tax (Transfer Pricing) Regulation, 2018- Is This A Game Changer?

24. FIRS provides Clarification on recent Tax Developments at a Stakeholder Meeting

25.  Federal Inland Revenue Service Releases Country by Country Notification Form

26. Nigeria Releases Revised Transfer Pricing Regulation

  

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP