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By Kamal Tayo Oropo Tenants to pay five per cent withholding tax CHURCHES and mosques in Lagos State may now have to "give unto Caeser, what is Caeser's and render to God, what is God's," as the 2012 fiscal regime will now include activities in those religious houses under the state's tax net. Besides, tenants will, from January, deduct five per cent of rents payable as withholding tax and remit same into the government's treasury. Speaking at the third Lagos State Taxation Stakeholders Conference, held recently in Ikeja, Governor Babatunde Raji Fashola, explained that the new tax regime was scripted to enhance the state's revenue base and promote effectiveness of governance. Fashola explained that churches and mosques, who owned buildings used for business purposes, were not exempted from paying taxes to the government because they earn income from such businesses. He said: "On the churches and the mosque, let us remember that whether it was a church or a mosque, it was first a building. And therefore, it is built with the same building materials that were used to build other private facilities. "Nobody knows the difference at that time. And therefore, it cannot escape the regulatory law of the state in making building safe, it must comply. It is only when those, who are ordained dedicate the building to the propagation of religion that it becomes a church. "In the same way, churches own facilities. Churches that run businesses should give something back to the government. Render unto Caesar what is Caesar's and render unto God what is God's." The governor also said tax should be paid on gifts received by individuals and urged Lagos residents to pay their taxes promptly so that government would have the money to carry out developmental projects. He, however, appealed to the people to be more tax compliant. "If more people voluntarily pay the right amount of income taxes, the government will find enough money it needs to transform the state,'' he stated. On the five per cent withholding tax, Fashola said everybody, who pays rent, is collecting agents for the tax. "Everybody, who pays money to a doctor, lawyer for the services they rendered to him, is our collecting agent for that withholding tax. "And we expect that they fairly collect, issue receipt and account for them. Once we have all of those documents and records, it should be easy for us at the end of the tax accounting year to set off all of these," he said. Fashola said collection of withholding tax would be part of government revenue drive in the New Year. He promised to enforce the payment of the tax. He said withholding tax would be collected on rent, dividend, contract, among others, stressing that in the case of rent, the tenants would serve as the collecting agents of withholding tax from the landlords for the services rendered. He explained that the only way to make life as good as they are in the other jurisdictions such as Europe was for the people to provide the government with more resources to do so. "We have the idea, we have signed on to work and really, whether you think we can do it or not, I think our experience and our record in the past four years show clearly that even if you disbelieve what we say, the evidence before you today makes it difficult for you to disbelieve what we have done and it speaks of what we can do if you give us the chance," he added Fashola said the role of tax consultants in the internal revenue drive of the state is to track and monitor revenues, payment that you make. "They don't collect. The bills are still done by public servants now under the Internal Revenue Service. "But at that time, our government did not know how many accounts it had and it did not know what was paid in. So, the money was there, depending on the benevolence of a bank that decided to be honest. But today, at the close of every business day, Lagos State government can tell you how much it has collected and in which bank it is. That is the energy the consultants have brought," he said. Noting that organisations that provided services deserved to be paid, the governor declared, "they have provided service, they have invested in ICT. It is only fair that they be paid. The only issue that can arise is whether or not we are getting a fair deal for the service that they render. But the idea that somebody who rendered service in a free economy should not be paid is alien to me." Corporate organisations presented with tax compliance awards included Nigerian LNG, Julius Berger, Coca Cola, Citi Bank Nigeria Limited and Standard Chartered Bank, among others, while private individuals included Chairman of Elizade Motors, Chief Michael Ade Ojo, former Chairman of Punch Nigeria Limited, Chief Ajibola Ogunshola, former Secretary-General of the Commonwealth, Chief Emeka Anyaoku, among others. http://odili.net/news/source/2011/dec/21/14.html |
One thing is sure: Posterity |
[flash=535,325]http://www.youtube.com//v/KM6h2EX-TIM[/flash] |
[flash=535,325]http://www.youtube.com//v/KM6h2EX-TIM[/flash] |
Please go to the website below to sign a petition calling for action to be brought against the erring bishop. http://www.gopetition.com/petitions/stop-the-violence-against-women-in-nigeria.html |
Why is the erring bishop not saying anything or coming out to defend this barbaric act; or is he waiting for his army of image makers to do the dirty job for him. Or maybe he is too arrogant to acknowledge his mistakes. |
Please go to the website below to sign a petition calling for action to be brought against the erring bishop. http://www.gopetition.com/petitions/stop-the-violence-against-women-in-nigeria.html |
[flash=535,325]http://www.youtube.com//v/g9J9h1-jEwY&feature=related[/flash] |
Taking deliverance too far!
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bayooooooo:Even the said bishop will be the first to be there. |
Is the bishop told he will make it to heaven? Remember it will be easier for a camel to pass through the eye of a needle than a rich man to enter the kingdom of God |
eagleu:There is a campaign going on facebook to find the girl and lawyers are ready to help her http://www.facebook.com/debbieariyo/posts/10150539032826753 |
dare2think:At least Maddoff was honest enough to admit his guilt |
Why wouldn't he slap the poor girl? He has it all.
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In the video, the pastor asked: 'Do you know who I am?' Yes, I know who you are: A liar, a fake, a swindler, a scammer, a cheat, a hypocrite and and a devil parading himself as a saint. Please Nairalanders add your own if you know who the man is |
OmoPastor:Omopastor you are cursed! |
I think Oyedepo could be banned from entering places like the UK if they should see this video |
Oyedepo should be arrested for assault and child abuse! He has no right to slap that child |
Agents of darkness at work! |
Check out Bisade Ologunde aka Lagbaja with a fan https://www.nairaland.com/nigeria/topic-489765.32.html |
No difference between pastors, boko horam, and politicians.Gbam |
Whats all these negative comments about? That shows that many Nigierians are so snobish and so full of prejudice against their fellow human beings. Aki is a normal gentleman who marries the love of his life. Afterall e are not of the same size and shapes. I wish the new couple the best of luck. |
allanohize:Why blaming the man for the way he constructs his grammar? It depends on your level of comprehension, even if he writes or speaks the simplest of grammar there will still be some people who find it difficult; afterall milluons love him for what he is. He was a star in the house during his time, so Mr Havard let us enjoy our honourable |
Thalidomide - C13H10N2O4 is a sedative drug used to treat leprosy but also used for pregnant women but was withdrawn after causimg defects in babies. It was used here figuratively by the dude to demonstrate the institutional sedation of EFCC to render it powerless and deformed |
Translations Any act of logical reasonning as to why Farida Waziri was commited to presidential axe is still a mystery to me. As I have said on numerous occasions and I still maintain that for any serious fight against the growing corruption that is now almost beyond the power of man to remedy, and for the total sinking of corruption to succeed in Nigeria, our major anti-corruption squadron - the EFCC must per force be separated from executive dominance and influence which renders it susceptible to unsavory reputation and godfatherly interventions Except this is achieved in the way we appoint the anti-corruption chief, a guarranteed tenure and a complete freedom from undue influence in the way duties are dispensed, I can say categorically that the institution itself suffers from institutional sedation right from the word go; and certainly an evidence of its failures. |
If you cowards condemning the poster have lived elsewhere other than Nigeria, you will see how normal human beings should be living and how other countries run their government. Unfortunately you have all been subjected to so much degradation of all the basic needs in life and you have been traumatised psychologically so much that abnormal behaviours of the looters you called your leaders have become norms. Otherwise you should have supported what the poster is suggesting wholeheartedly.30 million unemployed youths and you are all happy eating bole without epa. Bunch of cowardly f.o.o.l.s |

