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Taxation On Auto Imports 2105 - Autos - Nairaland

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Taxation On Auto Imports 2105 by AMERICANEX(m): 3:17pm On Jan 14, 2015
Well - lets hear it ....

What does 2015 look like regarding tax law implementation ?
Our customer base in the USA has stated that any increase has been delayed until the upcoming election.

It must be killing the import side - I know the volume of vehicles has nose-dived off East Coast USA. It has the larger steamship line companies concerned.

What do you forsee ?

Opening Nigerian manufacturing locations for auto production is a great long term plan..... BUT what about the people that work at the ports in Nigeria now and the business and employment provided nationally by the import and sale of used vehicles?
Seems like further increase in taxation on imports (used vehicles) would be detrimental to the entire country 1 - 10 years span....
That along with a combined Nigerian economic down turn from Crude Oil price manipulation - would be catastrophic.

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John Strozyk
JSTROZYK@AELSHIPPING.COM

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