Source: Extraimage.info


Source: Extraimage.info

The Lagos State Government has focused its attention on high-profile tax defaulters in the state with the aim to ensure high level of compliance with its tax laws.
Source: Extraimage.info


Source: Extraimage.info

This is just as the state government has reportedly sued entertainers Davido and Ayo Makun, better known as AY, for tax evasion, as the duo are accused of evading tax despite high earnings from their business.
Source: Extraimage.info


Source: Extraimage.info

A court paper, seen byThe Punchon Saturday, indicated that the state government had dragged the duo before the court for alleged tax evasion.
Source: Extraimage.info


Source: Extraimage.info

The news outlet disclosed that while Davido was charged before a Lagos high court in July 2017 and may risk a jail term if convicted AY was also charged to court in 2016 for failing to file his tax returns.
Source: Extraimage.info


Source: Extraimage.info

“Notable among these alleged tax offenders are two of Nigeria’s celebrated artistes–Davido and AY, the comedian. Both artistes have had a long standing battle with the Lagos Internal Revenue Service for tax evasion.
Source: Extraimage.info


Source: Extraimage.info

“Davido, who has record deals with Sony Music Entertainment and endorsement agreements with various companiesin Nigeria, has not filed his tax returns or remit any taxes to the Lagos State Government,” a top source in government said.
Source: Extraimage.info


Source: Extraimage.info

The source continued: “Remember that Davido said he made N500m from his N30bn concert recently. We must know how much he paidto the LIRS.”
Source: Extraimage.info


Source: Extraimage.info

“AY too said the same thing. The comedian claimedto be paying his taxes to Ondo State, where he hails from. It seems these celebrities don’t understand that the tax law stipulates that you must pay your tax to your state of residence.”
Source: Extraimage.info


Source: Extraimage.info

“Anyway, we are already in court. Others will soon appear in court if they don’t obey the state tax law. You can’t be making money in Lagos and refuse to pay tax.”