The government has accepted the Constitutional Review Committee's (CRC) recommendation for the President to pay taxes on his salary and allowances while in office, but rejected the proposal for the President's retirement gratuity and pension to be taxed.
Attorney-General and Minister for Justice, Dr Dominic Ayine, announced the decision on Thursday, July 30, as part of the government's response to the Constitutional Review Committee's recommendations.
"The Government has accepted the principle that the President should not enjoy tax exemptions by virtue of office alone. The President will pay tax on salary and allowances, as well as the applicable indirect taxes on goods and services," Dr Ayine said.
However, the government did not accept the proposal to tax the President's retirement gratuity and pension.
"The Government has not, however, accepted the proposal to tax the President's retirement gratuity and pension, and the details of the President's tax liability will be worked out in the tax laws, where such details belong," he added.
The announcement forms part of the government's response to recommendations made by the Constitutional Review Committee as it considers a series of reforms aimed at strengthening governance and accountability.
The committee's recommendations are expected to inform proposed constitutional and legislative reforms following the nationwide constitutional review process.
