But we are paying this already, a phone of ₦10000 at slot store is same online, isn't this double taxation?

The way my dear country is been govern only when we all wake up from our slumber then we can vote our conscience, PDP scam APC fraudster with experienced hardened criminals. The poor still have to contribute for the rich ones to get richer.... Las Las everyone will still lay 6ft under the ground what a mystery.

The policy is outright theft and nothing but gangster or omonile tax the Yoruba people have been metting out at people for years and now they want to take this to Federal level , this is how they want to tax MTN for the fine it paid to the govt ...Does Tunde Fowler realise that money in my card used to pay for online goods and service is my salary that has already been over taxed before i put it in my bank account where stamp duty is also taxed and my ATM card is already taxed . This is nothing but Tinubu style theft which Nigerians must reject ..You cannot tax me for spending money you already taxed .

Na wa o

theenchanter:
Lol, nigerians want testimony without test.

They want good tidings but don't wanna bring anything to d table.

The tax we’ve been paying. Where’s the outcome ?
The outcome is that we are being oppressed by this stupid government

seunmsg:
We all pay vat when we buy vatable goods by cash. So, what’s wrong with paying vat when we buy vatable goods online? If what you are buying is not excluded by the VAT act, you must pay vat irrespective of whether you’re buying online or paying cash directly.

In addition, FG needs to start imposing income tax on foreign social media platforms like Google, Facebook, Twitter and Instagram. All revenues generated by these platforms from Nigeria should be fully subjected to Nigeria taxes.

LOL. Some Nigerians don't actually know they pay VAT for some of the goods they buy in stores.

theenchanter:
Lol, nigerians want testimony without test.

They want good tidings but don't wanna bring anything to d table.

You sound like the brain behind the idea itself. Since the days Nigerians have been bringing sacrifices to the table, what testimony do they have except loss of jobs, infoatinf, unemployment, bad roads and all sorts of security challenges. Now you think this VAT will take all that away instead of making the pockets of our politicians bigger.

To fund the budget of RUGA

FarahAideed:


Nothing right thinking there ..this is is brazen theft and at best omonile taxation the Tinubu Tinubu theiving wants to plant

Sarcasm

seunmsg:
We all pay vat when we buy vatable goods by cash. So, what’s wrong with paying vat when we buy vatable goods online? If what you are buying is not excluded by the VAT act, you must pay vat irrespective of whether you’re buying online or paying cash directly.

In addition, FG needs to start imposing income tax on foreign social media platforms like Google, Facebook, Twitter and Instagram. All revenues generated by these platforms from Nigeria should be fully subjected to Nigeria taxes.

Sir, how can it be monitored? Would the foreign firms declare their income to the FG or to who? I am skeptical of how FG can accurately tax them. These foreign companies are making a lot of money here.

Lol you guys voted then in so enjoy.. When that fail they will make 1MB to be N1000 to fund 2020 budget... Then all those monikas and blogs that campaigned for them hunger go do una 30

I will rather to the market than to pay 5% VAT . Where is the money?

I am not against the policy provided they are going to use it proper but someone somewhere will start embezzling the cash and we won't see any positive progress in the country called Nigeria.



Jesus wept !

Allah is looking!!

Ogun is observing!!!

Thunder is waiting!!!!

No creation of enabling business environment what they do is to destroy the existing ones without plan of bringing another one up.We are in it for a big poo in this country..

isn't it like that in most countries?

FarahAideed:


Nothing right thinking there ..this is is brazen theft and at best omonile taxation the Tinubu Tinubu theiving wants to plant

Shatap.

I bought an item in the UK for 8.32 and paid a VAT of 1.67 giving a value of exactly 20%.

Abdulazeez99:
Nigerians have condemned the Federal Government’s proposed five per cent Value Added Tax (VAT) on online purchases.

The move, the government has said, is to raise revenue to fund the 2019 N8.9 trillion budget.

Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, said the government might appoint banks as agents to deduct five per cent VAT on all local online purchases with a bank card.

In an interview, Fowler said the policy could be in place by early next year.

Fowler, however, said the preferred choice for the government would be expanding the country’s tax base rather than increasing existing VAT.

Nigerians have expressed displeasure at the proposed policy which they say would adversely affect tech startups and businesses which have contributed significantly to job creation, Igbere TV reports.

They also fear that the introduction of the policy could add to a growing number of existing charges that bank debit cardholders already face.

Source; http://igberetvnews.com/876489/nigerians-reacts-to-proposed-5-vat-on-online-purchases/

I see nothing wrong do you prefer recession again

Online goods are more expensive than the ones in the market ,some are even twice the price of market sellers ,plus delivery charge ,now they want to add 5% VAT, Its the online stores that will suffer.

theenchanter:
Lol, nigerians want testimony without test.

They want good tidings but don't wanna bring anything to d table.

All the money wey we Don produce since 1960 till now how far? The diezani and abacha loot could have removed Nigeria from poverty 100 times over....

This is the reason Nigeria would not go anywhere.
They impose 5% VAT on online purchases to raise some cash that they want to put in there pocket.
May God help us

Not cool at all.

seunmsg:
We all pay vat when we buy vatable goods by cash. So, what’s wrong with paying vat when we buy vatable goods online? If what you are buying is not excluded by the VAT act, you must pay vat irrespective of whether you’re buying online or paying cash directly.

In addition, FG needs to start imposing income tax on foreign social media platforms like Google, Facebook, Twitter and Instagram. All revenues generated by these platforms from Nigeria should be fully subjected to Nigeria taxes.

Do you even know how VAT works at all ? You buharists just keep revealing yourselves are poorly educated all the time. For most goods VAT is collected at wholesale stage and is left for vendors to build it into the cost of every good ..There is nothing you already buy in Nigeria that doesn't have VAT already inbuilt into it

Nemesis909:


Shatap.

I bought an item in the UK for 8.32 and paid a VAT of 1.67 giving a value of exactly 20%.

Are you comparing UK with Nigeria? See your mentality zombie.

UK was designed based on tax.. They have no single mineral resources... Your useless mind suppose make u ask where the billions of dollars crude brings to Nigeria go to that they have to tax citizens now to fund budget? Oga u go soon die..

It is just the begening


1gb =5k

haryothosyn93:
I will rather to the market than to pay 5% VAT . Where is the money?

I am not against the policy provided they are going to use it proper but someone somewhere will start embezzling the cash and we won't see any positive progress in the country called Nigeria.



Jesus wept !

Allah is looking!!

Ogun is observing!!!

Thunder is waiting!!!!

Items online are meant to be cheaper as the overheads are much smaller.

Also, the goods come to you rather than you going to it and they can come almost anytime of the day you wish, at least in theory.

Ikem11:


Are you comparing UK with Nigeria? See your mentality zombie.

UK was designed based on tax.. They have no single mineral resources... Your useless mind suppose make u ask where the billions of dollars crude brings to Nigeria go to that they have to tax citizens now to fund budget? Oga u go soon die..

Shut up.

I gave you figures 4 times what we are proposing and you are running your mouth up and down

Don't let me call you a dummy.

By the way, stop regurgitating things you know nothing about.

Oil is found in the north sea , some in the UK sector.

Coal is found in Newcastle, hence the saying.

Nemesis909:


Shatap.

I bought an item in the UK for 8.32 and paid a VAT of 1.67 giving a value of exactly 20%.

You don't even know what VAT is so shut up . Go and get some education first before talking .. There is no single product in Nigeria that doesn't already have VAT built into it's pricing .. Go and do Business and learn how VAT works in Nigeria and stop disgracing yourself here

FarahAideed:


You are not a good thinker .. Do you realise the money inside personal bank accounts have already been taxed ?

And so what?

Nemesis909:


Shut up.

I gave you figures 4 times what we are proposing and you are running your mouth up and down

Don't let me call you a dummy.

You are as dummy as you can be already.

born free but tax till death

of you shouting nice development may the 5℅ kee you there thief thief government.

thunder. go soon fire all thief who call themselves law maker ..they are the real law breakers.