P
ProfRem
Guest
Minister of finance, Kemi Adeosun has revealed that the federal government has signed a policy to tax first class and business class air tickets alongside other luxury goods.
Fielding questions from Nigerians on Thursday morning, via Facebook, the minister was asked what her thoughts were on taxing first class tickets and luxury coaches, and she said “I think yes”.
“We signed something yesterday on luxury goods: champagne, brandy, whiskey, wine, jewelry, high-end jewelry,” Adeosun said.
“We’ve signed something that will bill access charge on first class and business class tickets, we are just doing the final parts of the implementation and we also want to try and amend the tax payer book on high end cars, luxury cars.”
Adeosun goes on to assure Nigerians that the taxes will be funnelled into turning Nigeria into what it used to be and even better, adding that it will help in remodelling the country’s public social infrastructure.
“If we move our tax-to-GDP ratio up, it means two things: One, we will be able to provide more services to our people. Many of the things we are not able to do are function of the fact that we don’t have enough money,” she said.
The minister said Nigerians living and working abroad, and paying taxes in those countries do not have to pay taxes in Nigeria.
Fielding questions from Nigerians on Thursday morning, via Facebook, the minister was asked what her thoughts were on taxing first class tickets and luxury coaches, and she said “I think yes”.
“We signed something yesterday on luxury goods: champagne, brandy, whiskey, wine, jewelry, high-end jewelry,” Adeosun said.
“We’ve signed something that will bill access charge on first class and business class tickets, we are just doing the final parts of the implementation and we also want to try and amend the tax payer book on high end cars, luxury cars.”
Adeosun goes on to assure Nigerians that the taxes will be funnelled into turning Nigeria into what it used to be and even better, adding that it will help in remodelling the country’s public social infrastructure.
“If we move our tax-to-GDP ratio up, it means two things: One, we will be able to provide more services to our people. Many of the things we are not able to do are function of the fact that we don’t have enough money,” she said.
The minister said Nigerians living and working abroad, and paying taxes in those countries do not have to pay taxes in Nigeria.
