No plans to tax online content creators, says FIRS

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

“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.

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.

“This approach positions FIRS at the forefront of innovation, ensuring that we meet the evolving needs of our taxpayers in a rapidly changing world.

“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 said.

He said the move would shift the agency away from traditional tax categorisation.