Nigerian Content creators must register, pay taxes, CAC says

Nigerian Content creators must register, pay taxes, CAC says

The Corporate Affairs Commission has urged social media content creators, Instagram users, and TikTok users with large followers to register their businesses with the commission in accordance with the Company and Allied Matters Act 2020.

This is coming amidst alleged plans by the Federal Inland Revenue Services to onboard media content and influencers into its tax system.

The Registrar General, CAC, Hussaini Magaji, made the call on Tuesday, when he was paid a courtesy visit by the Managing Director, Opay, Dauda Gotring, and his team in Abuja.

The visit from the Opay team was to ensure the regularisation of 300,000 agents and merchants with the commission.

This will expand the tax net, encourage businesses, and create more jobs for Nigerians.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
This Lovely Photo Of Davido, His father And Daughter Hailey Will Give You Family Goals
This Lovely Photo Of Davido, His father And D...

Singer, Davido shared this lovely photo of himself showing off his award plaques while posing with his billionaire father...

Recording Academy Adds 5 New Categories To The Grammy Awards
Recording Academy Adds 5 New Categories To Th...

The Recording Academy has added five new categories to the Grammy awards ahead of the next award ceremony in...

Davido Discloses Why He Signed Sinzu; Drops Scoop On Album
Davido Discloses Why He Signed Sinzu; Drops S...

Soon after his release from prison Sinzu signed with DMW, the move came as a surprise as no one...

Write A Comments