The Federal Inland Revenue Service (FIRS) has asked the national assembly to include Value Added Tax (VAT) collection in the exclusive legislative list.
TheCable understands that the move will grant the agency exclusive power to collect VAT.
Recently, a federal high court in Port Harcourt issued an order restraining the FIRS from collecting value-added tax (VAT) and personal income tax (PIT) in Rivers state.
The federal tax authority has appealed the ruling.
In a letter sent to the national assembly, the FIRS told the house of representatives that the requests would increase revenue generation for the government.
It also sought the need to exclusively include all adjudication of tax disputes, including federal tax laws, companies income tax, petroleum tax, income tax, capital gain tax, stamp duty, VAT and taxes and levies as well as other laws, regulations, proclamations, government notices and rules to the federal collector.
The letter reads, ” “The Federal Inland Revenue Service (FIRS) proposes for the insertion of value-added tax immediately after Stamp Duties under item 58 part II of 2nd schedule of the 1999 Constitution of the FRN.”