Taxing agricultural research data punitive

The benefits of open access knowledge and data have already started trickling in. FILE PHOTO | NMG

It is typically common that most tax amendments escape the public glare. However, it is almost impossible to forget the Finance Act 2018 that provoked intense public debate from the horde of contentious provisions that it contained.

For a bill that introduced eight percent value added tax (VAT) on fuel, abolished the lower limit of interest payable on deposits and slapped investors with a 30 per cent tax on dividends, no provision was met with as much hue and cry as the 15 percent tax on telephone and internet data services.

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Note: The results are not exact but very close to the actual.