|
The agitation surrounding the Communication Service Tax Bill otherwise known as the Talk Tax, would now be a thing of the past, as Parliament yesterday passed the Bill into an Act. |
This means the imposition of the specific exercise levy per minute of airtime usage on mobile phone subscribers will kick-start soon when the President, John Agyekum Kufuor accents the Act into Law.
Thus one pesewa charge per minute would be imposed on every call made by subscribers.
A new clause was added to the Act to compel government to commit 20 percent of the tax to the National Youth Employment Programme (NYEP).
An amendment was also made to the Value Added Tax, Act 486 to enable the VAT Service collect the levy on behalf of government.
The object of the Bill is to also exempt telephone handsets and satellite phones from the imposition of the National Health Insurance Levy (NHIL).
It will be recalled that mobile phone operators fiercely resisted the imposition of the tax when it was announced buy government in the 2008 budget.
Initially introduced as a tax on every minute of mobile talk time, it was later revised into an Ad Valorem tax. |
|