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Home Economy

Nigeria authorities to impose tax on first-class, business-class tickets, others

by Admin
August 3, 2017
in Economy
Kemi Adeosun, minister of finance

Nigerian authorities are to start imposing tax on luxury goods and services, including air tickets, drinks, and jewelries. Kemi Adeosun, minister of finance, disclosed that the Federal Government has signed a policy, which imposes a tax on first-class and business-class air tickets alongside other luxury goods.

Adeosun stated this in a Facebook live presentation Thursday, during which she also fielded questions from Nigerians on the Nigerian tax amnesty scheme.

“we signed something yesterday on luxury goods; champagne, brandy, whiskey, wine, jewelry, high-end jewelry.

“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,” she said.

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