In News by Oluwaseun Samuel on the 13th, August, 2020

Nigerian Entertainers Kick As Lagos Introduces New Tax For Movies And Songs

Nigerian Entertainers Kick As Lagos Introduces New Tax For Videos And Songs

Lagos musicians

Lagos governor, Sanwo-Olu

The Performing Musicians Employers Affiliation, the umbrella physique of musicians in Nigeria, has rejected the brand new 5 per cent tax launched by the Lagos State Movie and Video Censors Board.

A report revealed by the Information Company of Nigeria quoted the Government Secretary, Bamidele Balogun, as giving operators a 30-day discover to duly register their contents with the physique.

Balogun stated, “Practitioners and stakeholders are additionally knowledgeable that henceforth, all audio and visible contents produced and offered inside Lagos State shall appeal to the cost of 5 per cent levy on every merchandise.

“This train will, nonetheless, help the Lagos State Authorities in coverage formulation, with regard to planning and funding for the sector.

“All practitioners and stakeholders within the leisure sector inside the state are suggested to adjust to this directive and cooperate with the authorised agent of the board.”

The company additionally claimed to have give you the choice after due session with PMAN.

Nonetheless, the President of PMAN, Fairly Okafor, rejected the brand new directive, including that entertainers already pay revenue tax like different Nigerians.

Okafor additionally stated PMAN was not collaborating with the LSFVCB to fleece entertainers of 5 per cent of their hard-earned cash.

The PMAN President stated his organisation was not a part of the association, including that they might quickly take authorized motion.

He stated, “Who’re the individuals teaming with the movie and censor’s board to do this? That’s an illegality upon illegality.

“The board was unsuitable to have met with some individuals who claimed to be from PMAN. This can be a plot to defraud individuals or impose double taxation.

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“So, that won’t stand and our attorneys will write them quickly. Who did they negotiate with? Positively not with us as a result of we are going to by no means defraud individuals. Why are they taxing content material producers when they’re already paying private revenue tax and VAT?

“Why are they charging 5 per cent? Does it even make sense? The company doesn’t even have the authority to tax anyone. Why would individuals simply collect and resolve to perpetrate fraud?”

In the meantime, the Nationwide Movie and Video Censors Board which is the Federal Authorities company tasked with the accountability of classifying, censoring and registering motion pictures, described the brand new directive of the state authorities as a joke.

The Government Director of the NFVCB, Adedayo Thomas, stated in a response to a textual content message, “It’s a joke and an indication of idleness.”

Lagos State is considered the leisure capital of the nation.

The leisure sector is likely one of the largest employers of labour within the nation in line with the Federal Authorities.

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