The Lagos State government has unveiled an ambitious plan to generate N200 billion annually by expanding its income tax base to include remote workers and leveraging digital solutions for enhanced revenue collection.

According to the synopsis document for the EKO Revenue Plus Summit, which is expected to hold on September 25th and 26th, 2024, with the theme “Unlocking New Revenue Streams for Lagos State”, this southwest state plans to raise N5 trillion internally generated revenue (IGR) from four major sectors.

One of such sectors is the digital economy, through which Lagos State plans to introduce a Resident Global Digital Citizen Tax Management System, targeting remote workers, foreign firms, and digital influencers.

Blockchain and Tokenization Agenda: Lagos State plans to implement tokenization for real estate, infrastructure, and intellectual property. This project will require N500 million and aims to generate N100 billion annually from income fees and permits.

Link: https://nairametrics.com/2024/07/30/lagos-plans-to-get-n200-billion-annually-from-taxing-remote-workers/

The government is going to Tax workers to death going this route, the current government is coming for every ounce of income that is generated by citizens.

Nigeria is struggling with inflation and a weak exchange rate.

The Lagos State government wants to increase its tax base, but taxing remote workers and firms is too early. Nigeria's tech industry is still growing, and this move might hurt it. Companies hire Nigerian remote workers because it's cheaper and flexible. If they are taxed them, it drives businesses away, reducing job opportunities.

If you're a Remote Worker in Lagos Nigeria, you can clearly see the signs. I'd not say more than this.

tosinhtml:
The government is going to Tax workers to death going this route, the current government is coming for every ounce of income that is generated by citizens.

Nigeria is struggling with inflation and a weak exchange rate.

The Lagos State government wants to increase its tax base, but taxing remote workers and firms is too early. Nigeria's tech industry is still growing, and this move might hurt it. Companies hire Nigerian remote workers because it's cheaper and flexible. If they are taxed them, it drives businesses away, reducing job opportunities.

Does that mean u havent being paying Tax as a remote worker??

I guess it depends on the organisation

Me been dey pay Tax since as i was an Intern in international firm as a remote work, not to talk of now

DevilsEqual:


Does that mean u havent being paying Tax as a remote worker??

I guess it depends on the organisation

Me been dey pay Tax since as i was an Intern in international firm as a remote work, not to talk of now

Just checked, na after Tax be the pay. Be like dem no dey pay the Tax wey dem talk say dem dey comot be that sef

It wont affect me. I wish u well

Lol! No words. Absolutely no words.

airsaylongcome:
Lol! No words. Absolutely no words.

What are the tech facilities that they provided for tech remote workers before taxing them? Useless government

Tax ko taxi ni Nonsense

Most international countries deduct taxes from workers and even remote workers. If this is implemented, we are truly cooked in Nigeria

danielclerkson:
Most international countries deduct taxes from workers and even remote workers.
If this is implemented, we are truly cooked in Nigeria

Countries like US, UK, CAN abi? Let’s compare infrastructure and good use of the paid tax. They just increased “Ways and Means” to 10%. A-loot-a continua (The looting continues)

airsaylongcome:


Countries like US, UK, CAN abi? Let’s compare infrastructure and good use of the paid tax. They just increased “Ways and Means” to 10%. A-loot-a continua (The looting continues)

Tis well with this country

How will they detect that you earn remotely

tosinhtml:
The government is going to Tax workers to death going this route, the current government is coming for every ounce of income that is generated by citizens.

Nigeria is struggling with inflation and a weak exchange rate.

The Lagos State government wants to increase its tax base, but taxing remote workers and firms is too early. Nigeria's tech industry is still growing, and this move might hurt it. Companies hire Nigerian remote workers because it's cheaper and flexible. If they are taxed them, it drives businesses away, reducing job opportunities

I am curious, do you know any country/city/region that specifically taxes remote workers? We have countries issuing Digital Nomad Visa Schemes but I am yet to read any which instituted a tax regime for that class of workers. In fact, countries are delighted to have DNs because they spend foreign income in the country while not soliciting jobs within the country. Basically, a permanent class of tourists. So, I wonder how the LASG is going to institute the policy.

If possible anyway, tech folks and DNs should relocate to other states. There are plentiful of such states.

danielclerkson:
Most international countries deduct taxes from workers and even remote workers.
If this is implemented, we are truly cooked in Nigeria

That is a standard tax policy of being taxed while residing in the country. Or do you know any country that specifically taxes DNs?

qtguru:
How will they detect that you earn remotely

I was going to ask the same question 😂

qtguru:
How will they detect that you earn remotely

Maybe a permit will be implemented befora a worker will be able to work remotely

Gerrard59:

That is a standard tax policy of being taxed while residing in the country. Or do you know any country that specifically taxes DNs?

Now, you musn't be a resident to be taxed.
That is why most international remote workers have a gross and net salary

danielclerkson:

Now, you musn't be a resident to be taxed.
That is why most international remote workers have a gross and net salary

If that is the proposed legislation by the LASG, then concerned DNs should move out to other states.

danielclerkson:

Maybe a permit will be implemented befora a worker will be able to work remotely

Lol not possible Government can't track your activities, I used to move money around without touching my Nigerian account, I'd sell to BDC and they'd give me naira, so government can't event say or know what I'm doing.

qtguru:


Lol not possible Government can't track your activities, I used to move money around without touching my Nigerian account, I'd sell to BDC and they'd give me naira, so government can't event say or know what I'm doing.

Good afternoon sir, hyd? I mentioned you earlier today. Hope you didn't forget me

I just say i should remind you.. I'm sorry if i bothers you🙏🙏

qtguru:
How will they detect that you earn remotely

If you're getting paid directly into your Nigerian dorm account

PJtech:


Good afternoon sir, hyd? I mentioned you earlier today. Hope you didn't forget me

I just say i should remind you.. I'm sorry if i bothers you🙏🙏

Still broke at the moment, I'll let you know

tosinhtml:


If you're getting paid directly into your Nigerian dorm account

Guy I had a system of receiving money i had Canadian Paypal account tied to my Wise, so I could move money to my Geegpay or sell to PayPal agents. it's easy to move around without Government knowing the source.

qtguru:


Still broke at the moment, I'll let you know

Ok sir, may doors of blessings open for you this new month

qtguru:


Guy I had a system of receiving money i had Canadian Paypal account tied to my Wise, so I could move money to my Geegpay or sell to PayPal agents. it's easy to move around without Government knowing the source.

This is true and we also have crypto too, so safe to say govt is chasing shadows with this one.

PJtech:


Ok sir, may doors of blessings open for you this new month

Gerrard59:

If that is the proposed legislation by the LASG, then concerned DNs should move out to other states.

It would greatly affect the states economy

qtguru:


Lol not possible Government can't track your activities, I used to move money around without touching my Nigerian account, I'd sell to BDC and they'd give me naira, so government can't event say or know what I'm doing.

Maybe, if the government implements the usage of workers permit before they are hired remotely, they can

danielclerkson:

Maybe, if the government implements the usage of workers permit before they are hired remotely, they can

Government has no say, it's over the internet, it's very unlikely to be regulated.

Lol. Most governors and deputies are remote workers. If you know you know.

qtguru:


Government has no say, it's over the internet, it's very unlikely to be regulated.

Yeah, true but only because it is Nigeria