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Nairaland Forum / Nairaland / General / Politics / New Bill Mandates Tax ID For Opening Bank Accounts (17352 Views)
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Re: New Bill Mandates Tax ID For Opening Bank Accounts by lionshare: 8:02am On Oct 11 |
Zooposki:Many Nigerians use savings accounts for business transactions. Shouldn't everyone with an income have a tax ID? |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Basicend: 8:02am On Oct 11 |
emonis88: And that is why he was the richest politician in Africa, even before he became the president. And now, perhaps, he is trying to become the richest politician in the world at the expense all the people. 2 Likes |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Arostar2023: 8:04am On Oct 11 |
lionshare: Norm for where? In most sane climes it's your social security number that is required, at most, for financial transactions. Not tax ID. You guys should stop supporting madness and wickedness |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Winnin009: 8:05am On Oct 11 |
lionshare: SMH.. It's not a government asset but it was introduced and currently managed by CBN. Is the CBN a private enterprise my bro? The BVN was the CBN's directive on behalf of the government to introduce new KYC features to safe guard customers and track transactions. Like i said bro, please stop. It's becoming embarrasing. 1 Like
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Re: New Bill Mandates Tax ID For Opening Bank Accounts by Acidosis(m): 8:06am On Oct 11 |
success1smyn: There is no country in the world, where majority of the people love to pay tax. There's none, and that includes places like America where developments are visible even to the blind. The main question is what exactly do you want to tax? And what have you done with those you have collected? The total internally generated revenue of Kebbi, Taraba and Yobe States put together amounts to N30 billion. A single individual in Kogi stole N110 billion according to the EFCC. Do with this information whatever you want. 2 Likes |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Prince1759(m): 8:06am On Oct 11 |
lionshare: Accountability to people who can't Account for the funds they generated from both solid mineral to loan received to import duties to a whole lot. Guy if you think taxing Nigerians, now is the problem here, you need to think again. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Winnin009: 8:07am On Oct 11 |
Acidosis: Lol.. We're in some deep shits! 1 Like |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by sunboy(m): 8:11am On Oct 11 |
Another billions about to leave the country. Make una stay safe o 1 Like |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by correctyourself(m): 8:12am On Oct 11 |
After creating hardship, increase fuel price , food prices, pasport, transport cost people lost job because they can't pay for transportation cost to work place, you still to tax the same people. God knows the minds of these politicians and what is good for them. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Blitzking: 8:14am On Oct 11 |
Operation tax poverty..when nigeria was healthier una no tax na when nigeria dey life support you want to increase tax. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by ExudeLoveToAll: 8:15am On Oct 11 |
lionshare: The money accrued to the government what have they accounted if for? Which people are you talking about? We have plethora of Taxes which we have been paying whether you have a TIN or not you can't run away from it. What have they been using our tax for ? 1 Like |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by lionshare: 8:17am On Oct 11 |
Arostar2023:For heaven's sake, an SSN can be issued at birth. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by yinkeys(m): 8:19am On Oct 11 |
Crypto currencies |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Pawa100: 8:19am On Oct 11 |
Don't worry , People will soon De-Bankernaized . Bank to the saving under the pillow |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by 10kgod(m): 8:21am On Oct 11 |
PlanetZero: Giving back Rice 1 Like |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by lionshare: 8:22am On Oct 11 |
Winnin009:Stop exposing your ignorance. Look up: Bankers' Committee of Nigeria. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Resurrection212: 8:29am On Oct 11 |
You are saying nonsense despite your educational level this is obtainable in civilize society. Zombieoppressor: |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by AmalaAtiEwedu: 8:38am On Oct 11 |
JAOS:Tax ID is completely free so why u dey complain I get my own already The who thing plus card is free |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by izubext007: 8:39am On Oct 11 |
drug 💊 lord , tax lord at it again. God save us |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by bizzibodi(m): 8:43am On Oct 11 |
So an unemployed or 18 yrs old or an illiterate village old woman will be required to provide TIN before he operate a bank account. I need to call my carpenter to hurry up d construction of my piggy bank d size of a medium size freezer. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by VanuatuWycombe: 8:47am On Oct 11 |
JAOS: The article said NEW ACCOUNT. I believe Tax ID would easily be generated for already existing account. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by bizzibodi(m): 8:47am On Oct 11 |
blowjohn:You think they don't pay tax?have you ever heard of value added tax(VAT) 1 Like |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by blueghost(m): 8:51am On Oct 11 |
helinues:You should be sensible and have empathy at least. I do pity you whenever people drag you but at this point you deserve every insults hurled at you and even more 2 Likes |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by blowjohn(m): 8:55am On Oct 11 |
bizzibodi: Yes. But this tax is so the youths don't drink too much. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Blackdisciple(m): 8:56am On Oct 11 |
Hmm the tax collector at it again |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by redcliff: 9:04am On Oct 11 |
lionshare: Which kine rubbish talk be that? |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Zooposki(f): 9:04am On Oct 11 |
lionshare: BVN and NIN are ok for personal accounts. Tax ID for business accounts. Moreover we already pay stamp duties, VAT etc. etc. The petty petty income coming to personal account should not be a source of concern to the government. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Winnin009: 9:05am On Oct 11 |
lionshare: LMAO! You must be one of the illustrious olodo when you were in school. So, the government wants the info of all bank customers; shey na Teachers council dem go collaborate with ni? So because you saw "in collaboration with Bankers committee bla bla bla, it means it's a private asset abi? I don hear. It's not a government asset. It belongs to the Bankers Committee of Nigeria. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by lionshare: 9:13am On Oct 11 |
Winnin009: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. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by lionshare: 9:17am On Oct 11 |
Zooposki:I believe that the National Identification Number (NIN) should align with the Tax Identification Number (TIN). I've stated multiple times that the government is not targeting the impoverished, unless your definition includes anyone earning over N25 million in a country where individuals with an annual income of N1.2 million are still subject to taxation. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Zooposki(f): 9:20am On Oct 11 |
lionshare: I believe personal income should not be taxed, as we already pay taxes as VAT on everything. It amounts to double taxation. |
Re: New Bill Mandates Tax ID For Opening Bank Accounts by Arostar2023: 9:28am On Oct 11 |
lionshare:And? How does affect what I wrote? SSN is not just for citizens, Immigrants (new residents ) can also apply for it. So been issued at birth is not relevant to our discussion. |
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