No plans to tax online content creators, says FIRS

No plans to tax online content creators, says FIRS

THE NATION

The Federal Inland Revenue Service (FIRS) yesterday said it had no plans to tax online content creators.

According to a staff members of the agency who spoke on condition of anonymity, skit makers are individuals who do not fall within the purview of the FIRS.

“FIRS does not tax Personal Income Tax, states 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,’’ the source said.

It would be recalled that a section of the media recently quoted the FIRS as saying that media content creators and influencers constituted a major block of tax evaders.

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

Its Executive Chairman, Dr Zacch Adedeji, said the structure was in pursuit of a more efficient and contemporary tax administration methodology.

He said the agency was embracing an integrated tax approach, leveraging technology at every step.

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No plans to tax online content creators, says FIRS

 

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