The Federal Inland Revenue Service (FIRS) has denied recent allegations that it intends to impose taxes on individuals who create internet content, particularly those who create skits.
An unidentified staff member emphasised that the agency’s primary priority is on collecting Company Income Tax from business organisations with profits of N25 million and above, and underlined that skit producers do not fall under the FIRS ambit as individuals.
“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 stated.
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The FIRS stated that it does not manage Personal Income Tax, pointing out that state governments are in charge of this type of taxation, in contrast to what the media has been reporting. The agency wants to refute the idea that influencers and producers of media content constitute a sizable subset of tax evaders.
The FIRS has introduced a new organisational structure designed to improve the tax administration of the nation.
Executive Chairman Zach Adedeji declared that the reorganisation is in line with a more modern and effective tax administration process. The agency is adopting an integrated tax strategy and will use technology to provide a smooth taxpayer experience.
Adedeji stated, “This approach positions FIRS at the forefront of innovation, ensuring that we meet the evolving needs of our taxpayers in a rapidly changing world.
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“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 added.
Adedeji underlined that the reorganisation represents a break from conventional tax classification and a move in the direction of a more user-friendly experience for all taxpayers.
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