Entertainment & SocietyFIRS Reveals Plans To Ensure Digital Content Creators Pay Tax

FIRS Reveals Plans To Ensure Digital Content Creators Pay Tax

GTBCO FOOD DRINL

February 04, (THEWILL) – The Federal Inland Revenue Service (FIRS) has revealed plans to ensure skit makers, influencers, and digital content creators in Nigeria pay their tax.

This was contained in a press statement issued by the Special Adviser on Media to the Chairman of the FIRS, Dare Adekambi.

Adekambi added that social media content creators and influencers constituted a major block of tax evaders.

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According to him, the Revenue Service will first set up a meeting and discuss with the entertainers why they should voluntarily pay their tax, but if the appeal fails, they will move to use enforcement.

“Skit makers, influencers, and other content creators who are making money using digital platforms need to be paying tax. There is a law in Nigeria that requires everybody who earns income to pay tax. They earn in dollars. Tax is a civic obligation; civil servants are paying, so they also have to pay.

“The Corporate Affairs Commission’s Registrar-General and the FIRS Chairman recently discussed how they can work together in bringing them into the tax net. The challenge is how to track them, but we are looking into it,” Adekambi said.

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

“If our friendly approach is taken for granted, then we will go for enforcement,” he added.

Speaking further, Adekambi argued that social media content creators and influencers pay taxes in developed countries, the social media companies also pay taxes, so those who use the platform to make money should also pay taxes to the government.

“If Facebook, Instagram, Twitter, and other social media platforms are paying taxes to the government, why would people using those platforms to create content and make money not pay? By the time a committee is set up to look into it, a broad spectrum of activities will be covered,” he said.

Recently, skit maker Amarachi Amusy, aka Ashmusy, who recently bought her mother a luxury Lexus SUV as a gift revealed that she earns between N5 million and N65 million per month from creating content which she posts across her social media pages.

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