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Bill to tax on GSM, cable TV subscribers, passes first reading


A bill for an Act to introduce tax on Communication Services and Cable television services, was yesterday passed for first reading by the Senate.
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The proposal, entitled “A Bill for an Act to establish the Communication Service Tax” was sponsored by a former Senate Leader, Ali Ndume.
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The bill was introduced to replace the 2.2% increase in the Value Added Tax being planned by the Federal Government as announced by the Finance Minister, Zainab Ahmad, recently.
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Ndume told journalists shortly after the first reading of the Bill, that the imposition of tax on communication service was a better way of distributing wealth in such a way that would not affect the ordinary Nigerians.
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He explained that increasing VAT would have very bitter consequences on the economy, saying that it would lead to a hike in the prices of goods and services and take them beyond the reach of the ordinary people.
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The bill provides the charging of 9% on calls and data usage and the pet view cable subscribers.

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