“No harm in introducing communication tax, Nigerians talk a lot on phone” FIRS boss, Fowler

Following the proposed VAT increase by the Federal Government from 5% to 7.5% the FG is also making plans to introduce communication tax.

The Chairman of the Federal Inland Revenue, Babatunde Fowler said that Nigerian talk a lot on phone and sometimes even talk more than is required.

No harm in introducing Communication tax, Nigerians talk a lot on the phone, they even talk more than is required so for them to have capacity or revenue to talk that much, I don’t see any harm in paying a little bit more to government”

All we are saying is that those who use online facilities, we will give instructions to the banks that once they make the payment, they will just charge 5% VAT and remit it as an agent to FIRS. “By the VAT Act, the minister has the right to change the rate but this government, I believe wants to carry every stakeholder along including those in the house and explain to them that this increase is for the benefit of all Nigerians. And it will only apply to what I call privileged items like buying a car or lunch in an expensive restaurant. The money will help the state look after the needy among us.” Fowler said on the side-line of the Nigerian Economic Summit Group conference in Transcorp Hilton in Abuja on Monday October 7

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