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FG To Tax Netflix, Facebook, Twitter, Others - Politics (2) - Nairaland

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Nigeria Makes N2tn Taxes From Google, Netflix, Facebook And Other Foreign Tech G / From ‘Civil War Tweet’ To Tax Talks — Timeline How FG, Twitter Negotiation Ended / Senate Proposes Law To Tax Nigerians For Using Data And DSTV (2) (3) (4)

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Re: FG To Tax Netflix, Facebook, Twitter, Others by Kyase(m): 4:58pm On Jun 07, 2020
SeverusSnape:

Tiv herdsman, leave me alone. tongue
lol igbo herdsman sorry grin

2 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by Enyimbamercedes: 5:07pm On Jun 07, 2020
Babiala government

A government that has neglected its biggest asset...human resource.

Now we think that the way to economic Recovery is by taxation.

Just imagine if every able-bodied individual was gainfully employed ...

Income tax from their earnings
VAT from their consumption
Property tax from their houses
Road tax when they drive their cars

But no... rather than make sure we can raise productive people, we come up with easy taxes.. Stamp duty and taxing companies that created a product that people want!

Next Level

2 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by RenaissanceGuy: 5:16pm On Jun 07, 2020
Omooba77:


According to the consulting firm, the problem will also be exacerbated where the companies sell their products and services directly to individual consumers in Nigeria.

I guess you can comprehend the bolded sir
Ignorance overload, Mr man.
You don't even understand the content of the thread you opened. All you're interested in is to have it on FP grin.
I hate this false display of humility. Why calling him sir?

Omooba77:

Explain if you understand it. Facebook and co already pay tax to appropriate authority. Charging them again will be passed to consumers like you and I. It is like when you buy a sofrware, do you still pay for using the software?
So they should pay in the US, Europe, Asia, but shouldn't pay in Nigeria? Which consumers are you talking about? The average social media user doesn't pay kobo to use any of these services, aside the small number of businesses or politicians who pay for advertisements.

9 Likes 1 Share

Re: FG To Tax Netflix, Facebook, Twitter, Others by Omooba77: 5:30pm On Jun 07, 2020
RenaissanceGuy:
Ignorance overload, Mr man.
You don't even understand the content of the thread you opened. All you're interested in is to have it on FP grin.
I hate this false display of humility. Why calling him sir?

Explain if you understand it. Facebook and co already pay tax to appropriate authority. Charging them again will be passed to consumers like you and I. It is like when you buy a sofrware, do you still pay for using the software?

2 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by Nobody: 5:37pm On Jun 07, 2020
What a typical Nigerian don't know is that these companies are paying a huge amount of money to Nigeria government they never made it public.... Now they want to add tax to them on top the ones they are collecting before and may even be with a threat to shut them off Nigeria web space....

You all will find yourselves getting an item on eBay, amazon, alibaba etc cheaper if you choose a U.S or UK address than when your address is nigerian


IF THEY UNRAVEL THE CORRUPTION IN NIGERIA....YOU MIGHT FAINT BEFORE THEY EVEN STARTED

4 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by dazzlingd(m): 5:39pm On Jun 07, 2020
Ogun punish federal gv.
But to have a review at it, I think they may be right
Re: FG To Tax Netflix, Facebook, Twitter, Others by Icebreeze(m): 5:40pm On Jun 07, 2020
Is like FG is mad or high on something.
I seriously don't know what gave them the nerves to come to such thinking �… .
like are they contributing to me sub?
instead of them to work on the increase on all this cable providers and also on the network providers too.
But hell NO, they decide not to hear the masses complaining about the needful.

2 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by Farki: 5:40pm On Jun 07, 2020
Zainab Mohammed has come up with another stupid money grabbing scheme to mask her incompetence.

1 Like

Re: FG To Tax Netflix, Facebook, Twitter, Others by RenaissanceGuy: 5:41pm On Jun 07, 2020
OK
Re: FG To Tax Netflix, Facebook, Twitter, Others by Kalatium(m): 5:41pm On Jun 07, 2020
angry for why na
Re: FG To Tax Netflix, Facebook, Twitter, Others by Omooba77: 5:41pm On Jun 07, 2020
ezenwajosh:
What a typical Nigerian don't know is that these companies are paying a huge amount of money to Nigeria government they never made to public.... Now they want to add tax to them on top the ones they are collecting before and may even be with a threat to shut them off Nigeria web space


IF THEY UNRAVEL THE CORRUPTION IN NIGERIA....YOU MIGHT FAINT BEFORE THEY EVEN STARTED

You now get my argument. Let SEP and PriceWater list companies with more than #25m income. How would they summarise their profit or loss and operational cost.
Re: FG To Tax Netflix, Facebook, Twitter, Others by Nobody: 5:42pm On Jun 07, 2020
Very good. They should be permanently banned as they are an avenue to promote immorality
Re: FG To Tax Netflix, Facebook, Twitter, Others by OLDESTWARRIBOY: 5:42pm On Jun 07, 2020
Na dem know o, me no dey use any of those apps. Na porn Hub, Xnxx be my main concern since boredom wan kill human being for here
Re: FG To Tax Netflix, Facebook, Twitter, Others by apexx80: 5:42pm On Jun 07, 2020
[color=#] 4942228[/color]
Re: FG To Tax Netflix, Facebook, Twitter, Others by BABAawoo47: 5:42pm On Jun 07, 2020
Omooba77:


How does your data get depleted? You dont pay for You tube too.
How do you seperate adverts meant for Nigeria in Lagos, UK or America?
internet access has ntin to do with YouTube nd co...
They make money tru advert...
i run google adverts nd pay them fr it...
they certainly make billions of naira that's why dem rich lyk anything

15 Likes 1 Share

Re: FG To Tax Netflix, Facebook, Twitter, Others by Nobody: 5:43pm On Jun 07, 2020
Buhari and Tax only God will help us in dis kountry


Chinese yuan(RMB) Available in Bulk amd Bits.


100-1k - 63naira 1k-10k - 62.5 Naira 10k-20k (bulk) - 62 Naira

whatsapp- https:///2347081997275
i also buy all type of Gift cards and Bitcoins
i buy and ship from China and USA to Nigeria.
Re: FG To Tax Netflix, Facebook, Twitter, Others by 9gerian: 5:44pm On Jun 07, 2020
Well, other countries do tax them, especially the developed nations.

https://www.google.com/amp/s/www.bbc.com/news/amp/business-51497961

So, most favored nation clause applies!




Omooba77:


https://punchng.com/fg-plans-to-tax-netflix-facebook-others/

1 Like

Re: FG To Tax Netflix, Facebook, Twitter, Others by Ayomarcel(m): 5:44pm On Jun 07, 2020
Everything will still be in their pockets.
Re: FG To Tax Netflix, Facebook, Twitter, Others by Utonwanne(m): 5:44pm On Jun 07, 2020
Good.
I paid tax at Fiverr when I was working there
Re: FG To Tax Netflix, Facebook, Twitter, Others by Sparrow99(m): 5:44pm On Jun 07, 2020
Nice move if only it can be done....
Re: FG To Tax Netflix, Facebook, Twitter, Others by folarr(m): 5:45pm On Jun 07, 2020
This is why foreign companies don't want anything to do with Nigeria smh.....
I don't know what they did that chased away Spotify. Now Netflix. Next thing, he would start taxing use of national fresh air
Re: FG To Tax Netflix, Facebook, Twitter, Others by philiancoop(m): 5:45pm On Jun 07, 2020
2 things About Buhari
1. Loans 2. Tax
and just one bonus for being loyal 3. Blame
Re: FG To Tax Netflix, Facebook, Twitter, Others by Nobody: 5:45pm On Jun 07, 2020
I'm not here to 'defend government' but let's be honest.

Oil prices this last 6 months have generally not been favourable to Nigeria. Also, the whole covid19 thing has stymied international trade, which makes earning cash from non-oil sector even more problematic.

Then there is the fact that our GDP-to-tax ratio is 5.8% (average in Africa is 28%)

I know most of us are 'poor', but the harsh truth is, until oil goes up above $100 per barrel, taxes is going to be the way forward. Whether the government can control the looters on board is another issue.

5 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by Nobody: 5:46pm On Jun 07, 2020
slimfit1:


It's a tool to stop Facebook from telling the world what is happening in Nigeria, it has nothing to do with tax.
Watch has Facebook is going to disappear in Nigeria. Don't forget that Facebook is not making much money in Nigeria.

Lol! Are you kidding? All those targeted ads on Facebook, Instagram and data harvesting from whatsapp?! They finance an entrepreneurs training at FATE Foundation. They are making a killing
Re: FG To Tax Netflix, Facebook, Twitter, Others by thecuteone(m): 5:46pm On Jun 07, 2020
Re: FG To Tax Netflix, Facebook, Twitter, Others by Nobody: 5:46pm On Jun 07, 2020
long overdue.
all these foreign social media sites should start paying taxes.
they are making money from us
Re: FG To Tax Netflix, Facebook, Twitter, Others by Nobody: 5:46pm On Jun 07, 2020
This is a very good development...
Re: FG To Tax Netflix, Facebook, Twitter, Others by bluefilm: 5:47pm On Jun 07, 2020
Omooba77:
We are docile nation and un-united, reason our leaders can throw anything at us. Are they responsible for buying data for me. Data already taxed, is this not amounting to double taxations?
They have paid defenders who will come and spew nonsense as usual.

Why are you complaining?

Are you the owner of Netflix, Facebook, or Twitter?

Na wa o!

6 Likes 1 Share

Re: FG To Tax Netflix, Facebook, Twitter, Others by Danielnino00(m): 5:47pm On Jun 07, 2020
Omooba77:


I know what I am saying. It amounts to double taxation because it will be pass down to the consumers. Hope you get it now. If Government impose a tax, let say 10% on the #4k, you as consumer will pay #4100. Increasing the cost on. See why Dstv increase its subscription.
We government tax play store too?


So Facebook,Twitter and Netflix should continue making money in Nigeria without paying tax? While they pay tax in the US and some countries...
Is that what you are trying to say??

7 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by dongodav: 5:48pm On Jun 07, 2020
Bro, no finish this guy abeg. You people are funny in this NL. I like reading the comments than the main story.

Kyase:
I once told you to always read before commenting so you wont look stupid....

anyways i support this...........

1 Like 1 Share

Re: FG To Tax Netflix, Facebook, Twitter, Others by Danielnino00(m): 5:48pm On Jun 07, 2020
airsaylongcom:


Lol! Are you kidding? All those targeted ads on Facebook, I stag ram and data harvesting from whatsapp?! They finance and entrepreneurs training at FATE Foundation. They are making a killing

Don't mind that guy.. How can Facebook not be making money from Nigeria with the hundreds of business pages on their platforms that they run adverts for.
Not to forget the money you pay to promote your page ..

5 Likes

Re: FG To Tax Netflix, Facebook, Twitter, Others by Openbusiness: 5:48pm On Jun 07, 2020
How many years did it take before Nigeria can partake of Netflix? This bastard government just want to destroy all the effort and the progress that took 20 years to bring this digital investors here. Kemi Adeosun is 10 trillion times better than this quota system product. But because of one useless NYSC certificate exemption error, foolish Nigerians rushed to crucify her, not knowing they were acting the script of the hegemonic herdsmen in the north, hope you guys are happy now with the devil substitute they don give una. later she will introduce tax for sleeping at night. Tueehhhhhh!

2 Likes 1 Share

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