The Nigerian Police Trust Fund Act which was passed by the National Assembly in April 2019, and signed into law by cover samsung j5 milan the President on 2 July 2019, imposes a cover samsung core 2 silicone disney levy of 0.005 cover samsung s edge per cover samsung a3 206 cent of the net profit of companies operating business in the country.
According to cover samsung j3 brillantini the president of the Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, this is important because of the need for government to cover samsung s7 edge clear view invest in infrastructure. “Let us see improvements in infrastructure especially power, roads, education good health. When all these are cover samsung s4 nike put in place, you cover samsung galaxy j7 prime will see cover samsung galaxy j1 2016 in silicone morbido that Nigerians are good people and good citizens. We only need good leadership, we need to see that government means cover samsung j5 2017 frasi well cover samsung smt335 for us, we will pay our taxes.
“We Nigerians should now start to hold the government responsible, let us see what cover samsung galaxy j3 portafoglio the money is used for. Let us cover cover samsung galaxy s7 calamita con display samsung galaxy j5 2016 iron man make sure that money is used to provide the goods and services that the masses of this country needs. Let us ensure that the tax money is working for the stakeholders, the taxpayers.”
Commenting on the taxes, Head of Tax and Corporate Advisory Services at PwC Nigeria, Taiwo Oyedele, stated the need for government to block leakages as a way of growing its usable revenue noting that imposing more clear view cover samsung s8 taxes on businesses is counter productive.
He noted that the police trust fund levy which takes N5 from every N100,000 of net profits is a bad move and it is not in the interest of Nigerians. “You say police needs funds, that is cover samsung galaxi j7 2016 a fact and you say let’s levy businesses so that we can fund the police, that is a very cover samsung s6 pirati dei caraibi wrong move.
On his part, partner chief economist at PwC Nigeria, Andrew Nevin, said cover samsung 4 note there is need for government to focus on the top echelon cover samsung galaxy grand prime sm g531f of the Nigerian society and make sure they pay taxes first, instead of imposing new taxes on middle class citizens and creating administrative bottlenecks for businesses…