RE: Oct 15 final 2017 tax deadline: Share your tax horror story with BlockTrades
Wow interesting, @blocktrades, taxing has been one of the major factors of dispute between governments and it's citizens but let's not forget that it's still humans that causes all this scandals. I would have loved to say that developed countries would be an exception but I doubt that, as an African and my country not only being the most populated it also one of the developing countries in Africa, Nigeria; here taxes has been in one word "horror ",let me seize this opportunity to share a short story on my experience with poor taxing system;
After I graduated from college, I had a work at the ministry and I was always severely and directly taxed where tax and other revenue would be deducted before my salary before it gets to me, they called it VAT value added tax, up till now I don't understand that stuff .All the eligible tax payers will be registered so as to ensure that there is no tax scandal but the most annoying would be that at times I'll get a double deduction from the and it's non refundable ......
I sufferd this way until a foreign company established a branch close to me home and it offered four times the salary I was receiving at the ministry so I resigned and left for the company amongst my duties was to pay the companies tax at the IRS , little did I know that the figure I was always given was an inflated figure .We continued in ignorance till a time were we had financial crisis and we could bearly pay our workers but the IRS insisted we paid or we'd be closed down .Our team of legal advisors tried explaining to them that we will pay it up later and that the cost also is very high and has been one of the factors of our fall we showed them our receipts that we were always faithful to our exorbitant tax. Everyone was surprised by their reaction as they said that the receipt was influenced and that the amount was inflated with 3 extra zeros to the figure ,I needed no prophecy to tell me my job was in the line since I was the one who paid the bills but thanks to my reputation It the issue was verified scandal who usually gave me inflated bills paid dearly with their jobs and my company was compensated @blocktrades I mean, that was raw horror.