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Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that under Nigerias revamped tax framework, income from all services, including sex work, is taxable.In a video circulating on X, Oyedele explained that the new tax system is focused on income generation, regardless of how the money is earned. The law does not differentiate between legal or illegal income when it comes to taxation, he said. If you provide a service or sell goods and earn income, that income is s stanley website ubject to tax. While sex work is not officially recognised under Nigerian law, Oyedeles comments suggest that tax authorities will now focus on earnings, not the legality of the profession. ADVERTISEMENT The tax expert emphasized that the broader goal is to gourde stanley expand the tax net and ensure equity in contributions to public revenue. There is this extreme example鈥?if somebody is doing runs, they go and look for men to sleep with. You know that is a service, they will pay tax on it, he said.READ ALSO:聽Media, Influencers Invited to Presidential Tax Reform Briefing Read Also O stanley drink bottle yedele Pledges to Prioritise Revenue Optimisation, Fair TaxationWere Not Looking Back on Reforms, Taiwo Oyedele Assures InvestorsTinubu Removes Edun From Cabinet, Elevates Oyedele To Finance Minister One thing about the tax law, it does not separate between whether what you are doing is legitimate or not, it doesnt even ask you. It just asks you whether you have an Qfoy First lockdown cost food and drink industry pound;751m a week in lost sales, research shows
Sunday 11 September 2022 12:10 pm|Updated:Sunday 11 September 2022 4:14 pmDisney boss pushes back against ESPN saleBy: Leah owala MontebelloShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Google Photo by David Livingston/Getty Images Disney boss has pushed back against calls to sell up or spin off its sports arm, ESPN. In an interview with the Financial Times, Bob Chapek has resisted activist inve owala water bottle stor Dan Loebrsquo ambitions to reduce Disneyrsquo debtloadby offloading the sports network.If everyone wants to come in and buy itthinsp;.thinsp;.thinsp;.thinsp;I think that says something about its potential, Chapek said. I think its potential is within the Disney company.The top exec said he was confident in Disneyrsquo ability to restore growth at ESPN, a service best known for showing US live sports like National Football League and Major League Baseball.Loebrsquo Third Point hedge fund bought a $1bn stake in the media giant in August, putting increasing pressure on Disneyrsquo ongoing strategy. Chapek told the FT that he hasregular conversations with the Loeb, which hydro flask website he said were very collaborative, non-antagonistic and collegial.Separately, the Disney boss set himself apart from rival firm Netflix, which has had a bumpy few months, with subscriber numbers dwindling and its share price slumping. For a long ti
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified that under Nigerias revamped tax framework, income from all services, including sex work, is taxable.In a video circulating on X, Oyedele explained that the new tax system is focused on income generation, regardless of how the money is earned. The law does not differentiate between legal or illegal income when it comes to taxation, he said. If you provide a service or sell goods and earn income, that income is s stanley website ubject to tax. While sex work is not officially recognised under Nigerian law, Oyedeles comments suggest that tax authorities will now focus on earnings, not the legality of the profession. ADVERTISEMENT The tax expert emphasized that the broader goal is to gourde stanley expand the tax net and ensure equity in contributions to public revenue. There is this extreme example鈥?if somebody is doing runs, they go and look for men to sleep with. You know that is a service, they will pay tax on it, he said.READ ALSO:聽Media, Influencers Invited to Presidential Tax Reform Briefing Read Also O stanley drink bottle yedele Pledges to Prioritise Revenue Optimisation, Fair TaxationWere Not Looking Back on Reforms, Taiwo Oyedele Assures InvestorsTinubu Removes Edun From Cabinet, Elevates Oyedele To Finance Minister One thing about the tax law, it does not separate between whether what you are doing is legitimate or not, it doesnt even ask you. It just asks you whether you have an Qfoy First lockdown cost food and drink industry pound;751m a week in lost sales, research shows
Sunday 11 September 2022 12:10 pm|Updated:Sunday 11 September 2022 4:14 pmDisney boss pushes back against ESPN saleBy: Leah owala MontebelloShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Google Photo by David Livingston/Getty Images Disney boss has pushed back against calls to sell up or spin off its sports arm, ESPN. In an interview with the Financial Times, Bob Chapek has resisted activist inve owala water bottle stor Dan Loebrsquo ambitions to reduce Disneyrsquo debtloadby offloading the sports network.If everyone wants to come in and buy itthinsp;.thinsp;.thinsp;.thinsp;I think that says something about its potential, Chapek said. I think its potential is within the Disney company.The top exec said he was confident in Disneyrsquo ability to restore growth at ESPN, a service best known for showing US live sports like National Football League and Major League Baseball.Loebrsquo Third Point hedge fund bought a $1bn stake in the media giant in August, putting increasing pressure on Disneyrsquo ongoing strategy. Chapek told the FT that he hasregular conversations with the Loeb, which hydro flask website he said were very collaborative, non-antagonistic and collegial.Separately, the Disney boss set himself apart from rival firm Netflix, which has had a bumpy few months, with subscriber numbers dwindling and its share price slumping. For a long ti