Telecoms: Operators Protest Against Tax On GSM, Cable TV Subscriptions - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
October 4, 2019
Telecommunications operators havecriticized the plans by the National Assembly to impose taxes on Global Systemfor Mobile, GSM and cable television subscriptions and services in the country.
The operators under the aegis of theAssociation of Telecommunications Companies of Nigeria, ATCON the body saidimposing such tax at the moment would amount to double taxation, andsubsequently impact the economy negatively.
The Bill for an Act to establish theCommunication Service Tax was sponsored by a former Senate Leader, Ali Ndume.
A bill for an Act to introduce taxon communication and cable television services scaled first reading at theSenate.
It was learnt, that the introductionof the tax was to replace the two point two per cent increase in the ValueAdded Tax, VAT being planned by the Federal Government.
But the ATCON President OlusolaTeniola recalled that the Communications Service Tax, CST put at nine per centwas previously suspended by the 8 National Assembly.