The Federal Inland Revenue Service (FIRS) has said that Nigerians will start paying stamp duties for some WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds.

https://www.gistsfanz.com/2020/05/nigerians-to-start-paying-stamp-duties-for-some-whatsapp-messages.html

Stamp duties will also be paid by Nigerians on “POS receipts, fiscalised device receipts, Automated Teller Machine (ATM) print-outs”.

FIRS made this information public through a circular released in April which stated that Nigerians will also be required to pay stamp duties on SMS acknowledging receipt of funds.

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“ABZ Ltd’s chief accounting officer, after receiving a cash payment of N500,000 from Mr. XYZ on behalf of ABZ Ltd., composed a message which reads: ‘receipt of N500,000 is hereby acknowledged’ and sent same to Mr. XYZ via WhatsApp messenger”.

“In this case, the WhatsApp message acknowledging the receipt of N500,000 constitutes a receipt for which stamp duty is payable.

“Mr XYZ is required to make a disclosure of the details of the transaction using FIRS e-stamp duty platform or to the relevant stamp duties Commissioner. This will lead to assessment and payment of appropriate stamp duties and a consequential issuance of a stamp duty certificate or an acknowledgement.

“Such certificate or acknowledgement will suffice as evidence that stamp duties have been paid and that the electronic receipt has been stamped appropriately.”

“All electronic dutiable instruments or receipts”, including e-mails, short message service (sms), instant messages (IM), any internet-based messaging service, are subject to stamp duty, the circular added.

It also stated that “all printed receipts” and “all electronically generated receipts and any form of electronic acknowledgement of money for dutiable transactions” are liable to duty payment.

https://www.gistsfanz.com/2020/05/nigerians-to-start-paying-stamp-duties-for-some-whatsapp-messages.html

Lalasticlala, Seun, Dominique, Mynd44

They spend everyday thinking of innovative ways of stealing from the citizen.

9jafreshbaze:


https://www.gistsfanz.com/2020/05/nigerians-to-start-paying-stamp-duties-for-some-whatsapp-messages.html

Lalasticlala, Seun, Dominique, Mynd44

I don't understand that bla bla in that post.

However, my question is this: How is this even possible, to begin with? I thought WhatsApp messages are ENCRYPTED?

they want to stop people from interacting and that’s a NoNo for me i rather say what i have to say and die rather than die without saying it life is beautiful don’t give up the fight #revolutionnow

Evil people everywhere, those posting rubbish about South east, I didn't see you in Southern Kaduna thread to congratulate your blood thirsty brothers for doing the work they usually do all around Nigeria? Vengeful elements whose only work is to spread hatred and propaganda. Fridays you go to mosque to pray and after prayers you resume your wicked acts and expect the world to believe your religion is a religion of peace. A peaceful person will always preach love and unity. I wonder how those molsem guys accommodate such evil elements in their gatherings. It's seems the progress of Igbos is really painful to the wicked ones.

When we have Linux? What is FIRS?

All they think about us tax

This is not true, fake news

BrickDevo:
This is not true, fake news

it is true
https://www.nairaland.com/5890050/nigerians-pay-stamp-duty-atm

Okay

Nawa oo