FIRS Not Going After Taaoma, Mr Macaroni, Other Skit Makers And Influencers Over Tax Payment

Skitmakers, influencers, and other creators of digital material are not going to be subject to taxes, according to the Federal Inland Revenue Service (FIRS).

THE MATRIX notes that social media influencers and content producers make up a significant portion of tax evaders, according to a comment from Dare Adekambi, the chairman of the Financial Institutions Regulatory Board’s Special Advisor on Media.

He said that a law in Nigeria mandates that everyone who receives money pay taxes, claiming that influencers and content

Adekambi stressed that the FIRS would meet with content creators and influencers and make them see why they should voluntarily pay tax.

But an official of the agency who spoke to NAN anonymously on Monday, said skit makers are individuals who do not fall within the purview of the FIRS.

The FIRS official stated that the agency does not tax Personal Income Tax but only collects Company Income Tax.

He said: “FIRS does not tax Personal Income Tax; State governments do.

“FIRS collects Company Income Tax. Only those who are corporate names and earn profit of N25 million and more are required to pay tax.”