According to dailypost,She said some beggars were earning millions and that “proceeds from begging are taxable. You are supposed to pay taxes even if your means of income is begging”.
Minister of Finance, Mrs. Kemi Adeosun said this in Lagos at a lecture at PWC’s Business School, with the theme: ‘Voluntary Assets and Income Declaration Scheme (VAIDS) Interactive Session for Executives and Business Owners.’
She said to ascertain the income status of the companies/individuals and their lifestyle, investigators would rely on information derived from Bank Verification Number (BVN), records of property ownership, records of foreign exchange allocation, and records of company ownership from the Corporate Affairs Commission (CAC), among others.
Adeosun said: “We are using some firms to trace assets internationally.The investigators’ findings will enable us to compare the income and how much tax the company/person is really paying, and that gives us lots of information.
“But we encourage people to come up and pay their taxes willingly. You can register a high-end car. It tells me something about your income.
“So, we look at your tax returns. If you registered Mercedes E-Class and you are paying N100,000 tax, then something is wrong. Those are red flags. We now have the capacity to assess people accurately.
“We are trying to build an economy where we have oil and other things. It is going to be oil plus and wider economy”.
Minister of Finance, Mrs. Kemi Adeosun said this in Lagos at a lecture at PWC’s Business School, with the theme: ‘Voluntary Assets and Income Declaration Scheme (VAIDS) Interactive Session for Executives and Business Owners.’
She said to ascertain the income status of the companies/individuals and their lifestyle, investigators would rely on information derived from Bank Verification Number (BVN), records of property ownership, records of foreign exchange allocation, and records of company ownership from the Corporate Affairs Commission (CAC), among others.
Adeosun said: “We are using some firms to trace assets internationally.The investigators’ findings will enable us to compare the income and how much tax the company/person is really paying, and that gives us lots of information.
“But we encourage people to come up and pay their taxes willingly. You can register a high-end car. It tells me something about your income.
“So, we look at your tax returns. If you registered Mercedes E-Class and you are paying N100,000 tax, then something is wrong. Those are red flags. We now have the capacity to assess people accurately.
“We are trying to build an economy where we have oil and other things. It is going to be oil plus and wider economy”.
walahi it's necessary, reminds me of a man in mushin who built a house via begging for alms. he even "named" the house "Eko go" meaning lagasions are stupid, he inscribed the name in front of the house sef
ReplyDeleteLol
DeleteAre you serious?
This crack me up big time
"Eko gor "
Kikikik
@Anonymous Orubebe
DeleteCan you imagine?
Them plenty for Iyanoba sef
Laughable.
ReplyDeleteSeriously!
ReplyDeleteYour comment will be visible after approval.
Mtchewwww
ReplyDeleteThe one wen my @Grandfather, my @Grandmother Don dey pay since... If no be say pension is not taxable, una for collect thay one join
Abeg, wetin una use the money do, since Dem don dey work since their youth mbok?
Then the one wen my @Dad and @Mum don dey pay.... Till my Dad retire, Abeg wetin una dey use the money do? NOTHING
Na to use am put for una pocket
I can't pay any tax... I will only pay tax, and that one sef no be for my mind, because just to get my Visa.... That's all.
Or since its a compulsory deductions in place of work
Gaskia
As for Hausa beggers, let them pay tax..
@Anonymous Orubebe
hmmmmmm...
ReplyDeleteThe major concern should be what have they done with the ones collected? Loot! Naija politicians are Pharaoh!
ReplyDeleteSome of these beggars are rich, so they are capable of paying tax
ReplyDeleteSupported.
ReplyDeleteIf I can be paying tax on my small income, let the beggars also do the same.
ReplyDelete#People come and people go. That's life. Stop holding on to people that have let go of you*
ReplyDeleteSo hilarious.Reminds me of a novel... Beggar's Strike.If that will enrich Nigeria,why not???.
ReplyDelete