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Nairaland Forum / Nairaland / General / Politics / FG Replaces Stamp Duty With N50 Electronic Transfer Levy (36456 Views)
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FG Replaces Stamp Duty With N50 Electronic Transfer Levy by iwaeda: 2:40pm On Jan 09, 2021 |
Consequent upon the outlawing of stamp duty on electronic bank transfer by the Court of Appeal, the Federal Government, through the Finance Act 2020, has introduced Electronic Money Transfer Levy. https://www.google.com/amp/s/tribuneonlineng.com/fg-replaces-stamp-duty-with-n50-electronic-transfer-levy/amp/
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Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by BusinessCity: 2:43pm On Jan 09, 2021 |
85% for states nice one. But where would the funds be channeled into? I would have advocated a 100 - 500 billion per annum infrastructure wallet where the funds would be deposited and the funds are used to execute infrastructural development directly into states rather than deposit the funds directly to the states account where it can be mismanaged or misused or channeled into less effective uses. 58 Likes 9 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Xzellentgraphic: 2:46pm On Jan 09, 2021 |
Dey sha wan ...chop our money finish 9 Likes 6 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Racoon(m): 2:54pm On Jan 09, 2021 |
So what becomes of the judgement of the FHC Asaba? Must this government always look for a way to milk Nigerians? 45 Likes 3 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by NwaNimo1(m): 2:54pm On Jan 09, 2021 |
A nother P ilfering C oncept 107 Likes 14 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by zealousayo(m): 2:55pm On Jan 09, 2021 |
All right. |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by iwaeda: 3:11pm On Jan 09, 2021 |
lalasticlala 1 Like |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by longetivity(m): 3:17pm On Jan 09, 2021 |
if I catch bubu I swear I go do am strong thing 53 Likes 8 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Okoroawusa: 3:24pm On Jan 09, 2021 |
BusinessCity:FG is already working on an Infrastructure Fund. The national assembly has to repeal some archaic laws first. 11 Likes 2 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by funmike83(f): 3:27pm On Jan 09, 2021 |
Ahhh 1 Like |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Zico5(m): 3:30pm On Jan 09, 2021 |
Nigerians should brace up for hard times. The cabal in Aso rock mean business and they won't spare anyone in this game being played. If u think 2021 will be more convenient than 2020, you better have a rethink. Double ur hustle o, it's going to be a long ride. 30 Likes 5 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by RealLordZeus(m): 3:30pm On Jan 09, 2021 |
In simpler terms.. We only have change of name but the tax remains The Act also reduces import duty on tractors from 35 to five per cent; mass transit vehicles for transport of more than 10 persons and trucks from 35 per cent to 10 per cent; and reduction of import levy on cars from 30 per cent to five per cent. This Is good news 8 Likes |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by slawormiir: 3:30pm On Jan 09, 2021 |
Damnnn niggarrrr Isoright 1 Like 1 Share |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by motherlode: 3:30pm On Jan 09, 2021 |
Arrant nonsense... Stamp duty or transfer levy... The brunt effect is still the same.
Can they just start with the implementation because I am growing weary of hearing one thing or the other and not seeing action... If the govt announces an increase in anything whatsoever, govt agencies are very quick to put it into implementation but whenever it has to do with reduction, implementation is very slow. 11 Likes 2 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by ecolime(m): 3:30pm On Jan 09, 2021 |
They simply renamed it. This government is a "crook". 17 Likes 2 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by gungab(m): 3:31pm On Jan 09, 2021 |
Noted |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Nobody: 3:31pm On Jan 09, 2021 |
Meow meow. Not impressed.... 2 Likes 1 Share |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by b3llo(m): 3:31pm On Jan 09, 2021 |
They will do everything to loot the common man 9 Likes 1 Share |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by danduchi(m): 3:31pm On Jan 09, 2021 |
Worst worst worst government ever... Any Nigerian in support of these government is inhumane and you will never rest in peace. The hardship and insecurity is too much.... This is pure evil. You increased power bill thrice, closed borders before now, farmers can't go back to harvest because of insecurity and you keep adding tax on untaxable things. This is so bad.. If only wishes come tru, I will beg to be God for a second and terminate some wicked souls 28 Likes 5 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Smeagol89: 3:31pm On Jan 09, 2021 |
Another way of Milking the nations 11 Likes 2 Shares
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Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Ihatemumu: 3:31pm On Jan 09, 2021 |
APC supporters will never show up here lol Another sign they are paid and their support isn't genuine 13 Likes 2 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by saintol(m): 3:32pm On Jan 09, 2021 |
Laslas, we know where the accumulated money will go 3 Likes 2 Shares |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Sunnycliff(m): 3:32pm On Jan 09, 2021 |
FG be ripping us back to back with no accountability and transparency. My happiness is that APC supporters are exempted from this electronic charges. Buhari is a good man, he knows how to make things easier for his supporters. 16 Likes 1 Share |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by GIANTPLUSHUB: 3:32pm On Jan 09, 2021 |
Same item, different packaging! |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by iamJ(m): 3:32pm On Jan 09, 2021 |
With all these online wallets Una dey miss out, there is money there too |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by Marcofranz(m): 3:32pm On Jan 09, 2021 |
Re: FG Replaces Stamp Duty With N50 Electronic Transfer Levy by ademidedavid(f): 3:32pm On Jan 09, 2021 |
I know access bank will not like this!!!! 1 Like 1 Share |
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