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Home Content Creation

July 21, 2024

Nigeria: Govt. “Won’t Impose Taxes On Content Creators At The National Level” – Says Tax Man
Content Creation
July 21, 2024

by
July 21, 2024
in Content Creation, News & Reports

In Nigeria, the tax authorities have confirmed that they have no plans to impose taxes on individual online content creators. According to BMA sources, it is believed that skit makers are individuals who do not fall within the purview of the FIRS.

According to a Federal Inland Revenue Service (or FIRS) official, “FIRS does not tax personal income tax; state governments do. FIRS only collects company income tax. Only those who are corporate names and earn a profit are required to pay tax to the Federal government,” he said.

The FIRS recently unveiled a new structure to improve the country’s tax administration.

Dr Zacch Adedeji, executive chairman of the FIRS, said the structure pursued a more efficient and contemporary tax administration methodology. He stated the agency embraced an integrated tax approach, leveraging technology at every step.

“This approach positions FIRS at the forefront of innovation, ensuring that we meet the evolving needs of our taxpayers in a rapidly changing world.

“The structure advocates a comprehensive approach to taxpayer services, consolidating our core functions and support under one umbrella.

“By tailoring our services to specific taxpayer segments, we aim to simplify the taxpayer experience.

“No more complexities, no more overlaps, just a seamless and user-friendly interaction for every taxpayer,” he said.

He said the move would shift the agency away from traditional tax categorisation.

Tags: Content CreationFederal Inland Revenue Service (FIRS)
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