Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,055 members, 7,835,572 topics. Date: Tuesday, 21 May 2024 at 11:55 AM

Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others. FG - Phones - Nairaland

Nairaland Forum / Science/Technology / Phones / Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others. FG (396 Views)

Nigerians Spent N3.66trn On Calls, Data In Two Years — NCC / Why Nigerians Should Pay 9% Tax For SMS, Data, MMS / Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others (2) (3) (4)

(1) (Reply) (Go Down)

Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others. FG by Ivegotsolutions(m): 1:50pm On Aug 18, 2016
Minister of Communication, Bayo Shittu, yesterday disclosed that the Federal government is proposing to introduce a bill called the Communication Service Tax CST bill which seeks to levy 9% on telecommunication subscribers for users of various communication services such as voice call, SMS, MMS, Data usage from telecommunication service providers, internet service providers and Pay TV Stations.

Speaking at a function organized by the Lagos Chambers of Commerce and Industry, LCCI yesterday, Shittu said the introduction of the new taxes without harmonising existing ones would put pressure on the country’s tax system thereby making it unattractive to investors.

According to him, the outcome of deliberations on the bill would form the basis of his advice to the President.
"This may also be counter-productive in the long run for our targets on broadband penetration. Our ICT Roadmap gives fresh impetus for implementing existing policies and reviewing any that is inimical to the growth of the sector. My focus on any tax regime will be to align any process that will stimulate the economy and also ensure that the tax system is efficient by widening the tax net. It is also to create an effective framework for tax compliance to protect the poor and vulnerable in the society who nonetheless have to use telecoms services for social inclusion and financial services.” According to Shittu, the bill is being considered as a way to help increase the revenue generation of the Federal government.
“I have been reliably informed that the projected earnings from this effort is over N20 billion every month, which is an attraction to the government for funding our budget deficits. I must be quick to say that this government has a human face twined around its decisions"he said The minister added that the government would provide an enabling environment for the ICT and telecommunication sector to thrive through the enactment of relevant legislation.

Re: Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others. FG by ConqueredWest: 1:56pm On Aug 18, 2016
See the kind of government, Afonjas voted for.
Re: Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others. FG by Rayhutar(m): 1:57pm On Aug 18, 2016
See how en be, con hed
Re: Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others. FG by plainol(m): 2:08pm On Aug 18, 2016
Now, we are in for real change.
A death warrant would have been better than this.
I pray we won't get to a revolting stage.
Re: Nigerians To Pay 9% Tax On Calls, SMS, MMS, Data, Others. FG by Ivegotsolutions(m): 2:11pm On Aug 18, 2016
Nigerians should oppose this selfish move.

(1) (Reply)

Fact :facebook To Be 3rd Largest If It Were A Country / In Need Of Swaping / Please Is The Blackberry Visafone 10TB Still On

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.