Nigeria will soon start taxing first class and business class air tickets, luxury cars, says Minister of Finance

The Nigerian minister of Finance, Mrs. Kemi Adeosun, on Thursday said that the Federal Government was currently profiling high net worth individuals to ensure that what they currently own as assets correspond with the amount they were paying as taxes.

She said this via a video posted on her Facebook page where she responded to questions from Nigerians about the implementation of the Voluntary Asset and Income Declaration Scheme.

Adeosun  also disclosed plans by the Federal government to implement its tax policy on every first class and business class air tickets.

“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