linearity:


How is stamp a form of tax?

It more of payment for services rendered. Since NIPOST are the one rendering the services of delivery the mails, they should be the one collecting the payment and remitting same to the Federal Government.

Can FIRS go to immigration office to collect money paid to process International Passports? What about the collection of fees paid to procure Driver's license?

vertueptime:


Lol stamp is a form of tax itself, so u cannot tax tax, dats double tax

Abbeyme:
The funds should belong to the FG through NIPOST as the collecting agent.

Alabamagnate:
Even a day old child know that anything stamp duties as to do with Nipost, FIRS is just trying to corner the bill to their own advantage.

dumo1:
Wetin concern FIRS with stamp duty now? They will not go and hound people like customs na ordinary NIPOST dem dey scatter ground with. Let the lawmakers settle the matter once and for all.

Keneking:
Leave it with FIRS

Ilaje44:
Stamp duty is a form of tax levied on some instruments especially during the sale of a house for the registration of change of ownership. You also pay stamp duty on your debit card. Stamp duty has absolutely nothing to do with POSTAGE STAMP which is an instrument to denote the the payment of service charge you pay for availing yourself of NIPOST's Services e.g. sending a letter. Even though both words have STAMP as constituent part, they simply do not mean the same thing. Stamp duty is a tax which is always collected by the REVENUE while postage stamp charges are paid for postage services [NIPOST], and may also be taxed.

NIPOST IS TRYING TO BE A ROGUE. They want to usurp the statutory right of FIRS.

Bossontop:

So NIPOST iz still working....i 4got about dem oo

Ilaje44:
Stamp duty is a form of tax levied on some instruments especially during the sale of a house for the registration of change of ownership. You also pay stamp duty on your debit card. Stamp duty has absolutely nothing to do with POSTAGE STAMP which is an instrument to denote the the payment of service charge you pay for availing yourself of NIPOST's Services e.g. sending a letter. Even though both words have STAMP as constituent part, they simply do not mean the same thing. Stamp duty is a tax which is always collected by the REVENUE while postage stamp charges are paid for postage services [NIPOST], and may also be taxed.

NIPOST IS TRYING TO BE A ROGUE. They want to usurp the statutory right of FIRS.

linearity:

Not true, it means that you didn’t read the bill or NIPOST submission. You just ran with the miss leading headline and didn’t bother to read the details. This is what FIRS is hoping majority of people do.

It is FIRS that is trying to draw a cloud over the issue.

NIPOST in the Amendment and arguments clearly states that collection of stamp duty does not belong to them, they are merely seeking this amendment to exclude the sales of postage stamps from the stamp duty act.

FIRS wants to collect stamp duties as well as well as control the sales of postage stamps both physical and electronic ones and NIPOST felt it is their job to do so.

The rogue here is FIRS. Go back and read the bill or NIPOST response about their amendment on the first post.

Ilaje44:


I totally and completely disagree with you. Perhaps you should read the submission of both parties attentively... For instance, the NIPOST man said: “We are seeking the amendment of the Act to include sale of postage stamp. We are not collecting tax. It is in the interest of Nigeria to draw a line between duty and stamp. We want to sell our stamp.”

Why do you want to include the sale of POSTAGE STAMP in an Act that is specifically dealing with STAMP DUTY? Do you think the law maker did not do their due diligence to define what the law is about and what is stamp duty?

Furthermore, when you said FIRS is trying to usurp NIPOST statutory right, do you want to tell that the FIRS has been trying to collect postage stamp charges? When you post letter, do you pay NIPOST or FIRS?

There is a law regulating the establishment of NIPOST and their function. NIPOST should try to change that to reflect the reality of being able to sale online postage stamps.

Please try to understand the matter before you accuse someone of not reading in the future.

Thanks

linearity:


So, you now agree that, NIPOST is not seeking an amendment to collect stamp duty or tax, but strictly to be able to sell stamps.

You also agree that, FIRS does not have any business selling stamps.

If you agree with the above, you can see why your previous comment....NIPOST IS TRYING TO BE A ROGUE. They want to usurp the statutory right of FIRS. is wrong and NIPOST is not seeking to usurp any statutory rights.

So, why do you think FIRS is fighting against the amendment? If the Stamp duty Act is not so blurr to usurp NIPOST’s function and give that to FIRS, NIPOST will not be asking for that Act to be amended to clarify the difference between stamp duty and postage stamps.

Some of the changes NIPOST is asking for are language changes e.g. changing a ‘may’ to a ‘shall’. A law of a nation is very complex and not contained only within a single Act. Laws guiding an institute or a particular body do span multiple desimilars Acts and not containarized within a single Act e.g. laws dealing with INEC is not only contained only in the INEC Act. So saying that NIPOST should only focus on the NIPOST Act is myopic.