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New Bill Mandates Tax ID For Opening Bank Accounts - Politics (5) - Nairaland

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Re: New Bill Mandates Tax ID For Opening Bank Accounts by CaptainJune: 9:30am On Oct 11
lionshare:
You should ask PayPal for starters—except you’re saying KYC is a Nigerian thing.

What then is the purpose of acquiring BVN and NIN for operating a bank account in Nigeria? Is that not enough accountability? Why discard their importance to enthrone tax identification in their place? How does a person's income make them eligible or otherwise to maintain a bank account? Accountability according to you. The tax documents Nigerians already possess is not enough to you, the ever-increasing taxes we shoulder everyday is not enough to you. Nigerians that claim a right to intelligence will have perceived a rat with this policy.

The fact they are mulling arming the federal road safety corp with guns is another medal of stupidity to the heap of others they have acquired. As usual, the masses will pay with their blood, not them. Another policy is in the works that places an obligation on the citizens to seek official permission before using the national anthem. Nigeria is a plantation of sick policies and misplaced priorities.

2 Likes

Re: New Bill Mandates Tax ID For Opening Bank Accounts by spartachico(m): 9:52am On Oct 11
Every policies that this current government imposes on us has never made anything easy for us in this country... When are we going to enjoy a easy going policy... You created a platform for easy international passport registration only for you to increase the price of passport afterwards and yet you don't want your people to indulge in crime for survival, every Nigerian both male and female are into or crime or the other for survival, if you aren't gambling the you are doing illegal stuffs to make money

1 Like

Re: New Bill Mandates Tax ID For Opening Bank Accounts by lionshare: 9:55am On Oct 11
Zooposki:


I believe personal income should not be taxed, as we already pay taxes as VAT on everything. It amounts to double taxation.
You might consider relocating to a country with zero income tax, such as the UAE. Additionally, it's worth noting that VAT does not apply to essential goods like food, healthcare, and education.
Re: New Bill Mandates Tax ID For Opening Bank Accounts by okrikaboi: 10:06am On Oct 11
Taxing poverty grin show them no mercy. Nigerians are wicked people and must continue to suffer in the hands of more wicked leaders
Re: New Bill Mandates Tax ID For Opening Bank Accounts by chatinent: 10:07am On Oct 11
Indirect taxes, utility bills aside, I will not pay direct taxes if the government does not provide a job where I will get the money to pay tax.

2 Likes

Re: New Bill Mandates Tax ID For Opening Bank Accounts by Slimwhyt(m): 10:31am On Oct 11
jrobbins:


You're disgusting

Very disgusting human. They keep supporting nonsense! angry
Re: New Bill Mandates Tax ID For Opening Bank Accounts by codemaniacs: 10:35am On Oct 11
lionshare:
As you may have noticed, I don't engage in insults. Just to clarify, the BVN and NIBSS—(essential for enabling instant transfers)—are not government assets.

winnin009 is correct...

if you have a university degree then go and return the degree.

you're an illiterate...

1 Like

Re: New Bill Mandates Tax ID For Opening Bank Accounts by CaptainJune: 10:39am On Oct 11
Winnin009:


Lol... Who ever listed Paypal as a bank? As always in a bid to defend trash, you ended up sounding inept. Even the yankee where paypal is dominant; they don't need tax ID to open or operate bank accounts. only businesses require such.

And you don't seem to know what KYC means. No one has more KYC info than the banks... This is just silly policies and has nothing to do with KNOWING YOUR CUSTOMER!

I would have responded to him but I knew you should do justice to his erroneous comment 👍

1 Like 1 Share

Re: New Bill Mandates Tax ID For Opening Bank Accounts by azimuthally: 10:40am On Oct 11
Tinubu came to STEAL, KILL, AND DESTROY. quote me anywhere!

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Re: New Bill Mandates Tax ID For Opening Bank Accounts by BluntCrazeMan: 11:33am On Oct 11
They Came Late Abbegg..!!
Re: New Bill Mandates Tax ID For Opening Bank Accounts by ojinuocheibi(m): 11:44am On Oct 11
NairalandForumo:


Is Tinubu's government accountable ?

You want your citizens to be accountable but the government should live a large lifestyle without accountability...

What Is leadership for again?

You guys while defending nonsense forget the primary purpose of things...


Back to the topic, we warned them seriously about Tinubu, they didn't listen, all they kept shouting was Lagos IGR and never cared to bother themselves how the IGR came about and what exactly the IGR is used for, a state with such a huge IGR still the most indebted state and still taking huge loans to do almost all their major projects, they thought governance is all about IGR, when I say the Lagos scam some don't understand, what you're seeing Tinubu do to Nigeria is what he has been doing in Lagos...
don't bother yourself, let them come and tax my money at home.

1 Like

Re: New Bill Mandates Tax ID For Opening Bank Accounts by lionshare: 11:52am On Oct 11
codemaniacs:


winnin009 is correct...

if you have a university degree then go and return the degree.

you're an illiterate...
Thank you for your unkind words. Now go to your bank branch and ask about Bankers' Committee. You should learn a thing or two.
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Caseless: 12:01pm On Oct 11
helinues:
Long overdue
What's your tax ID?

1 Like

Re: New Bill Mandates Tax ID For Opening Bank Accounts by studM(m): 1:27pm On Oct 11
helinues:
Long overdue

How I dislike this guy with passion for his senseless n annoyingly comments
Re: New Bill Mandates Tax ID For Opening Bank Accounts by frog12: 1:30pm On Oct 11
so NIN is not enough... these people are incompetent shocked shocked

they wan suffer everyone again

1 Like

Re: New Bill Mandates Tax ID For Opening Bank Accounts by adenigga(m): 1:52pm On Oct 11
ojinuocheibi:
don't bother yourself, let them come and tax my money at home.
grin grin
Re: New Bill Mandates Tax ID For Opening Bank Accounts by PropertyOffers(f): 2:28pm On Oct 11
This is another funny development.
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Fecole: 2:53pm On Oct 11
DNAPro:
Just 15 years ago, you were begging villagers and market women to open bank accounts, now they need to provide Tax IDs..

It's okay, many will pull out their money and keep their cash at home.
if it happens then I promise you that the ll even send the police and the army to pick people who save money at home.
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Aremu01(m): 3:43pm On Oct 11
Useless country
Other countries will make life comfortable for their citizens not my useless country

1 Like

Re: New Bill Mandates Tax ID For Opening Bank Accounts by 79733139(m): 4:01pm On Oct 11
A lot of people would simply go off the grid and start keeping their money at home.

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Re: New Bill Mandates Tax ID For Opening Bank Accounts by StarRiderr: 6:27pm On Oct 11
My follow southeast brothers and sisters una dey see am if you don't protest against bad leadership claiming it's doesn't concern you now one day it will concern every of us when next there's a proposed date for protests don't participate ooo go to your businesses it will eventually concern you directly or indirectly

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Re: New Bill Mandates Tax ID For Opening Bank Accounts by precious1967(m): 7:51pm On Oct 11
We are under capitalist people. One day God will get rid of these bad leaders

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Re: New Bill Mandates Tax ID For Opening Bank Accounts by gaskiyamagana: 8:07pm On Oct 11
adenigga:




Source: https://punchng.com/New-bill-mandates-tax-ID-for-opening-bank-accounts
ANOTHER DIMENSION IN TINUBULATION OF NIGERIANS WITH T-PAIN ERA IN THE 64YRS OF HER POST INDEPENDENCE EXISTENCE.

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Re: New Bill Mandates Tax ID For Opening Bank Accounts by Evercurious(f): 10:56pm On Oct 11
helinues:
Long overdue

IRREDEEMABLE FOOL

1 Like

Re: New Bill Mandates Tax ID For Opening Bank Accounts by GOVERNMENTBOY20: 6:21am On Oct 17
10kgod:


Giving back Rice

grin

Good morning Sir, how's the week been?
I am happy to see you are doing well
Re: New Bill Mandates Tax ID For Opening Bank Accounts by 10kgod(m): 2:06pm On Oct 17
GOVERNMENTBOY20:


Good morning Sir, how's the week been?
I am happy to see you are doing well


Good afternoon Sir, It's going well Boss. I'm glad you're doing well too.
Re: New Bill Mandates Tax ID For Opening Bank Accounts by GOVERNMENTBOY20: 8:32pm On Oct 17
10kgod:


Good afternoon Sir, It's going well Boss. I'm glad you're doing well too.

I am pulling it together and trying to forge a way ahead. God had been faithful but I'm still hoping on all support sir
Re: New Bill Mandates Tax ID For Opening Bank Accounts by U1(m): 8:30am On Oct 24
Just heard about this yesterday! smiley

Paying tax is not even the problem. Everyone in the position to do so should consider paying.

But the main problem is: how much benefit will the ordinary man paying get in return? Nothing other than some people up there embezzling money and going practically scot-free, plus extravagant expenditures by these corrupt office holders.

If you protest about the embezzlements and bad governance, you get arrested for "attempting to overthrow the government." So where's the incentive for wanting to pay direct taxes? undecided

These yeye lawmakers can easily propose crazy laws. But to propose and pass laws that will improve the well-being of the "common man," including reducing their exorbitant and ridiculous compensations, no! angry

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