Pan Instructions
PAN Re-Opens, Pays FIRS Tax
Slug: PAN Re-Opens, Pays FIRS Tax
By: Victor Ulasi, Nigeria
The Federal Inland Revenue Service (FIRS) which had sealed off the only surviving auto assembly plant in Nigeria, Peugeot Automobile Nigeria(PAN) last Thursday for failure to pay tax, has re opened the company on Saturday after collecting an undisclosed amount of money as tax from the auto assembly plant.
“They have paid very every substantial amount and also they have told us their reason why they have not been able to pay and the management of the Federal Inland Revenue were convinced that yes, the reason given to us are very, very reasonable."
"So they have paid very substantial amount of money and as such, we have been directed by the management to come and un seal the company,” CSP Adamu Abdullahi Yanliman, Head of Enforcement and Investigation unit of FIRS has said.
However, the Deputy Managing Director of the company, Shehu Sani Dauda said the closure of the company was due to breakdown of communication but reconciliation was been made and the company would remain open.
“It was back duty as a result of audit done in 2007 before we came in, which we did agreed to pay.We know of N659 million and they said N1.2 billion, negotiation was taking place and they said they served us some document telling us of their intention, but we have never received that,” he said.
He insisted that they were a responsible company and would remain in business because they were responsible tax payers who had never defaulted.
Speaking to newsmen shortly after opening the gate of PAN for business, the FIRS official, CSP Adamu Abdullahi Yanliman, said the amount paid by PAN remained undisclosed because they were trying to put everything in order before they release it.
According to him, “we have already negotiated with them, we have been negotiating, exchanging letters, so they were recalcitrant and we decided to come and follow the law. Then later on when they see us here, they now become serious."
"So they came and met bus yesterday in Abuja and actually what they told us, we were all convinced and what they gave us is at least something reasonable that would now make us to come and un seal.”
Commenting on the disputed figures of N1.291billion and N659 million, he explained that the FIRS added penalty, interest and fine in their computation which brought the difference ,while PAN did not add anything to the actual tax.
He said the exercise was a usual one and FIRS had gone to Conoil and Continental oil recently, warning that they were going to seal off any company nationwide that failed to pay tax .
Similarly, Col. Olu Majoyegbe(rtd) of the FIRS said the policy for taxation in Nigeria was self assessment and voluntary compliance as a tax payer was supposed to do the assessment and said his liability.
“So when you do that, if Inland Revenue has any doubt, they would now do an audit but most of the time they just declare this is what we have so if the thing accumulated, its not our fault. When they came, they made the kind of presentation that caused management to order an immediate reopening.”
“ It has never happened before and we are surprised that we are here, but we are under instruction, they are satisfied with the amount of money offered and probably this is the only automobile plant in Nigeria,” he added.
About the Author
I am from Anambra state, Nigeria but was born in the northern part of Nigeria called Kaduna state in 1988.
I grow up in Kaduna state and did all ny schooling there.
Am single, a christian and a Journalist.
how long do you cook a cake in a 8x4 round pan?
the pan came with instructions but i lost them, its a witson if that helps.
It depends how full you fill your pan. I would start with about 20 min., then lay your hand gently (palm down and layed flat) on the top of the cake to see if it is firm all over. If it feels a little "loose" in the middle, give it a few minutes more. You could do the toothpick test too but I use the hand test at work for all of our carrot cakes. Our oven fluctuates so its always a little different length of time.
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The Miami International Film Festival, running through March 11, uses the geographical and cultural position of Miami to be a special platform for the exhibition of international and US films, with a special focus on Ibero-American cinema. Festival panel, roundtable discussions, and seminars explore the craft and creative process of cinema, as well as the business of making, financing, and distributing a film. Screenwriter Rock Shaink of TV series "The Dreamer", and Chris Klug also of "The Dreamer" series, and Creative Director for Cheyenne Mountain Entertainment, will speak at the monthly Alameda Writers Group (AWG) meeting happening March 3 in Glendale. At a March 3 workshop titled "The Rights of an Independent Contractor in Film" attorneys Patrick Reddy and Timothy Emery explain the rights of an independent contractor, what the clauses in the contracts you're signing actually mean, what production companies can and can not put in their contracts, among other topics taking place in Seattle. ASCAP hosts a general annual membership meeting explaining ASCAP operations and membership on March 5 in addition to a pre-meeting seminar titled "We Create Music," conducted with a panel of songwriters and composers, in New York City. A meeting of the Game Developers Conference explores next-gen, handheld, current game development, and collaborations with the film industry, when it assembles March 5 to 9 in San Francisco. The monthly ASCAP Song Source Music Feedback Session in Nashville is an opportunity for ASCAP members to receive feedback on one of their songs from ASCAP staff and music industry professionals. Participants may bring one song on a CD with lyrics to the March 7 session. The 25th Annual Canadian Music Week mixes informative, intensive conferences, cutting edge trade exposition, award shows, Canada's biggest New Music Festival and nightly performances, with over 600 showcasing bands at over 44 live music venues in downtown Toronto.
Board the three story cruising yacht Galaxy Commodore at Pier 40 in San Francisco March 8 and see the year's top advertising get awarded, mix with others in the advertising and marketing community with food and beverages served, and cruise the bay. National Association of Latino Independent Producers in alliance with HBO invites you to explore the Mobile Media revolution at its conference taking place March 8 to 11 in Newport Beach, where there will be an exclusive screening of "Illegal Tender," from producer John Singleton and writer-director Franc Reyes, with cast and crew Q and A following. At the International Festival of Films on Art in Montreal, March 8 to 18, all artistic disciplines, including dance, music, painting, architecture, literature and film, will be represented by FIFA whose primary mission is to increase public awareness, knowledge and appreciation of the arts by promoting works by artists and professionals from the fields of film, television and video. On March 9 the Seventh Annual Texas Film Hall of Fame Awards will pay tribute to the Honorable Ann Richards, former governor of Texas, who acted as the ceremony's emcee for four years. Columnist Liz Smith, who Richards inducted into the Texas Film Hall of Fame in 2001, will serve as emcee at the awards show, in Austin. The well regarded SXSW or South by Southwest Conferences and Festivals in Austin, from March 9 to 19, puts on the third edition of its mobile media festival, SXSWclick in addition to regular festival offerings. Separately, an expanded list of official SXSW film parties, and happy hours has now been posted on the Film Parties page. ShoWest Global Motion Picture Industry Conference, where motion picture professionals and theatre owners from around the globe assemble for four days of educational seminars, screenings, and unique sponsored events including the 22nd Annual Al Lapidus Golf and Tennis Charity Tournaments, opens March 12 in Las Vegas. This year's focus at the two-day iHollywood Forum Digital Media Summit opening March 13 in Hollywood will be on how social networking and user-generated content will revolutionize Hollywood's definitions of content and who creates it, and a "pitch for funds" session at the Digital Media Venture Forum.
Delray Beach Film Festival will screen multi-award winner "My Brother, The Movie" - http://www.myspace.com/mybrotherthemovie - starring Vanessa Williams and Tatum O'Neal, three days ahead of its March 16 national release at AMC Theaters, and the festival will present some screenings on the beach. Asia Film Financing Forum at The 31st Hong Kong International Film Festival is a film project market, from March 20 to 22, that aims to bring Asian filmmakers with upcoming film projects to Hong Kong for international co-production ventures. Winter Music Conference 2007 offers opportunities for DJs and artists to network and have their music heard through Demo Listening Workshops, CD compilation, DJ and performance stages, DJ Spin Off and other performance events, showcases and release parties (some poolside) throughout the week of March 20 at Miami Beach. At the Nashville based Tin Pan South Songwriters Music Festival and Songwriter's Symposium, from March 26 to 31, special guest performances, professional instruction from songwriting veterans, and intimate group breakout sessions, form a fund raising backbone for the NSAI's legislative efforts in Congress. Over 40 producers, theater companies, writers and directors will be sitting in on two days of auditions for actors with and without musical talent, starting March 31, hosted by Theater Resources Unlimited, a not-for-profit organization in New York City.
The above events are only a sampling of what is listed. Many of the reported events above have a submission process for indie and/or performing artists to take part in. Complete details are on the "Media, Entertainment and Performing Arts Industry News and Events" page at http://www.actorschecklist.com/news.html. Video and podcast versions of this news summary are now available at various sites around the Web like YouTube and MySpace, as well as on The Actor's Checklist. This month on video you will see a trailer of the March 16 national release of My Brother The Film http://www.mybrotherthemovie.com, a Liberty Artists production in association with Angel Baby Entertainment, multi talented New York based band Li'nards Many Moods at http://www.li-nardsmanymoods.com now at Club Groove, New York City, "Don't See It Alone," premiering March 10 at Indiana Actors.com Film Festival at http://www.indianaactors.com/festival, "The Dangers of Dreaming" an indie release from Burning Mannequin Productions at http://www.myspace.com/sellusb, you can find on You Tube, The Chip Factor, an urban science fiction drama from New Visions Film Group at http://www.nvfg.com and with soundtrack produced by Chuck D's record label, Slam Jamz Recordings, and Mikeys Adventures from Skitzobunny Productions Inc. at http://www.myspace.com/michaelreid1.
About the Author
News and Networking Events Covering the Media and Show Business Industry for this Month from The Actor's Checklist News & Events page at http://www.actorschecklist.com/news.html or through RSS/XML feed http://actorschecklist.com/showbiznews.rss and now available to download to an iPod or iPhone from the site: http://actorschecklist.com/loudblog/.