✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Tax Appeal Tribunal resolves 42 cases worth N288.bn, $5.41bn in 8months

The Tax Appeal Tribunal (TAT) has resolved 42 cases worth N288.1bn and $5.41bn since the inauguration of the tribunal some eight months ago.

Giving a breakdown of the TAT activities between November 2018 and June 2019, the Coordinating Secretary, Tax Appeal Tribunal, Mr. Muhammad Lawal Abubakar, said the appeals were either resolved mutually or through judgment.

Mr. Abubakar who spoke at the retreat and workshop organised by TAT held in Abuja yesterday however noted that it is “pertinent to note that some of the resolved cases are at various stages of settlement or recovery while some might probably go on appeal at the Federal High Court.”

SPONSOR AD

The retreat had the theme “towards reforming the TAT for effective and efficient tax dispute resolution in Nigeria.”

According the Coordinating Secretary the “new appeals filed between November 2018 – June 2019 stands at 62 with disputed tax value of N71.7bn and $19.5 million.’’

He added that the “appeals resolved mutually or through judgment are 42 forty with disputed tax value of N 288.1bn, $5.41bn. However, it is pertinent to note that some of the resolved cases are at various stages of settlement or recovery while some might probably go on appeal at the Federal High Court.”

He also said the “appeals struck out for other reasons such as lack of diligent prosecution or discontinuance by parties, etc are 66 with disputed tax value of N22.03bn and $1.06bn.”

Sponsored

Discover the latest trends on Temu! Shop mobile phones, fashion, beauty, home essentials & more. Start exploring now!


Click here to learn how it works.

Sponsored

Unlock AI's potential! Get top prompts for content, blogs, social media, research, draft proposals and more. Boost creativity start using AI tools today!


Click here to learn how it works.

Sponsored

Start Affiliate Marketing Today! Learn step-by-step how to set up a blog, find programs, create links, and earn money—beginner-friendly guide inside!


Click here to learn how it works.

Sponsored

Join our FREE WEBINAR! Discover the 3-step formula to turn WhatsApp into a cash-generating machine. Sign up now and start earning!"


Click here to learn how it works.

Sponsored

Master Facebook Ads! Learn to set up Business Manager, run campaigns, optimize budgets, and drive sales. Start your journey to ad success today!"


Click here to learn how it works.

Sponsored

Unlock your confidence and attract the love you deserve! Learn how to become irresistible to women—start your transformation today!"


Click here to learn how it works.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.