Reports have emerged about the Federal government 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, Minister of Communication, Bayo Shittu, yesterday disclosed that 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.
.................................................................................
I like your information which is very useful for me. Thanks.
ReplyDeleteMarc The Phone Man
You are always welcomed@Mark Winstanley.
ReplyDelete