The Federal Inland Revenue Service (FIRS) has officially stated that it has no intention to impose taxes on online content creators. A spokesperson for the agency, speaking anonymously, clarified that individual skit makers do not fall under the purview of the FIRS.
Explaining further, the spokesperson emphasized that the FIRS primarily collects company income tax, with personal income tax falling under the jurisdiction of state governments. Only corporate entities earning profits of N25 million or more are mandated to pay taxes.
Recent media reports suggesting that media content creators and influencers were major tax evaders were debunked by the FIRS. Instead, the agency unveiled a new structure aimed at enhancing the country’s tax administration.
Zacch Adedeji, the executive chairman of the FIRS, highlighted that the restructuring aims for a more efficient and contemporary tax administration methodology, integrating technology at every level. This approach, he explained, would simplify taxpayer interactions and improve services, catering to specific taxpayer segments.
Adedeji emphasized that the new structure signifies a departure from traditional tax categorization, promising a seamless and user-friendly experience for taxpayers. The FIRS aims to adapt to the evolving needs of poo taxpayers in an ever-changing world, leveraging innovation to enhance taxpayer services.
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