‘Runs girls’ will pay tax – Taiwo Oyedele

The Federal Government has said that ‘runs girls’ (commercial enactment workers) volition wage taxation nether the caller laws.

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Oyedele, Chairman of the Presidential Committee connected Fiscal Policy and Tax Reforms, said this during an engagement league astatine the Redeemed Christian Church of God, City of David, Lagos.

The taxation adept said: “If idiosyncratic is doing runs girls (sex worker), right, they spell and look for men to slumber with. You cognize that’s a service. They volition wage taxation connected it.”

According to him, the caller laws bash not differentiate betwixt morganatic and illegitimate income sources.

“It conscionable asks you whether you person an income. ‘Did you get it from rendering a work oregon providing a good?’ Then, you wage tax,” helium explained.

Explaining further, Oyedele said wealth sent to relatives, friends oregon adjacent strangers are not taxable, arsenic they are considered arsenic gifts.

He said: “You gain a definite magnitude of wealth and you person to nonstop upkeep to your cousin, your brother, adjacent a stranger, it doesn’t truly matter.

“If the magnitude you are sending is wealth you are giving to them not due to the fact that they person done thing for you, past it is simply a gift. We telephone it a non-exchange transaction. That is not taxable.” 

Recall that the caller (reformed) laws are the Nigeria Tax Act, the Nigeria Tax Administration Act, the Nigeria Revenue Service (Establishment) Act, and the Joint Revenue Board (Establishment) Act.

President Bola Tinubu signed them into instrumentality connected July 26. Read the afloat communicative HERE.

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The station ‘Runs girls’ volition wage taxation – Taiwo Oyedele appeared archetypal connected Vanguard News.