Audio By Carbonatix
Part 1 examined nine VAT measures that are extolled as fiscal success and concluded by noting several flaws that negate their effectiveness: distortion of the tax structure, increase in tax burden, and not non-achievement of ambitious revenue targets for almost three (3) years. Part II discussed the Energy Sector Levies Act (ESLA), 2015 (Act 899) — the preeminent “nuisance” tax; the temporary levies, and the Special Petroleum excise measures.
The third par is presented in the link below.
Click this link to access the full Part 3.
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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
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