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.