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Nairaland Forum / Nairaland / General / Business / The Issue Of Taxation In Nigeria (624 Views)
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The Issue Of Taxation In Nigeria by olajide8(m): 9:17pm On Jul 03, 2012 |
I have been wondering for sometime at the multiplicity of taxes in Nigeria, and I am of the opinion that if they are fully implemented people would just die as the bills would be to much, I am also fully aware of what some are meant for, but not the majority, after a brief discussion on this forum it has become pertinent for me to get all your info's on the this very pertinent tax issue 1- personal income tax this apply to individuals 2-company income tax companies from their profit 3-education tax (TETfund) from organisations 4-industrial training tax 5-local government income tax for traders or else your shop/store would be closed down 6-premises tax for operating a business 7-advertorial signage tax bill boards movable signage on your official cars 8-VAT & COT on your bank account for current accounts 9- vehicle licenses, drivers licenses, road worthiness, ECMR, universal road usage licenses (car owners) 10- Petroleum equalization taxes charged petroleum logistic support marketers 11- Human tax collectors area boys and area fathers on moving your personal property and building houses(omo oni le) 12-filing of annual returns for corporate organisations 13-VAT and COT on electricity tariff. Please add more; I want to know the little drops of taxes, that kill small scale businesses without any reciprocating impact on the generality of us that pay them.. |
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