BEGGARS IN NIGERIA WILL START PAYING TAX – FEDERAL GOVERNMENT (IS OSINBAJO FOR REAL AND WHERE IS THE
The Nigerian government has stated that no one would be left out in the campaign to enlarge the tax revenue.
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”.
Women and children begging as they don't have Income and Housing Benefit Support from the HEARTLESS Government of Osinbajo
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”.
Almajiris pictured begging for food while the northern elite and the Federal Government watch and do nothing to help them.
My opinion: The Federal Government should be helping the beggars instead of asking them to pay tax, after all it is because of the selfish and greedy political looters, who are doing absolutely nothing to fight poverty they are in the streets begging for food and money.
The Federal Government should should also investigate why businesses that makes millions and billions a year pay next to nothing in tax