The costly trap of taxing assumptions

BusinessDay | 27-08-2026 06:45am |

A commentary discusses the potential pitfalls of imposing taxes based on assumptions rather than actual data. It uses the example of a tech startup in Yaba that scaled to serve thousands of African creators, only to face unexpected tax burdens. The piece argues that such taxation can stifle innovation and entrepreneurship. It calls for a more informed and data-driven approach to tax policy.

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