The Corporate Affairs Commission, CAC, has said that social media content creators must now register their handles and accounts. This include Instagram and TikTok users with large followers, according to CAC, must now register their businesses with the commission. The commission said that this is in accordance with the Company and Allied Matters Act 2020. […]
FIRS clarifies stand on taxing content creators
The Federal Inland Revenue Service, FIRS, says it has no plans to tax online content creators. According to a staff of the agency who spoke to NAN anonymously, skit makers are individuals who do not fall within the purview of the FIRS. “FIRS does not tax Personal Income Tax; State governments do. “FIRS collects Company […]