{"id":19581,"date":"2024-02-13T21:02:59","date_gmt":"2024-02-13T21:02:59","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=19581"},"modified":"2024-02-13T21:02:59","modified_gmt":"2024-02-13T21:02:59","slug":"social-media-content-creators-must-register-pay-taxes-cac","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2024\/02\/13\/social-media-content-creators-must-register-pay-taxes-cac\/","title":{"rendered":"Social media content creators must register, pay taxes \u2014 CAC"},"content":{"rendered":"<p>The Registrar General of Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, disclosed on February 13, that social media content creators,a Instagram users with larger followers &amp; TikTok users will soon be forced to register as businesses so they can start paying taxes to the government.<\/p>\n<p>The RG disclosed this during a visit by the managing director, Opay, Dauda Gotring &amp; his team in Abuja, stating that the social media &amp; content creators are generating a lot of money without paying any form of tax to the F.G<\/p>\n<p>Magaji said, \u201cIgnorance of the law is not an excuse. It is stated in the Company &amp; Allied Matters 2020 that for any business to take place in Nigeria, whether you are doing business with your name or another name, you must surrender your business for registration.<\/p>\n<p>If you are a content creator on the internet &amp; you have a large followership &amp; you are gaining or making money from it, you must register &amp; that\u2019s the provision of the law.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Registrar General of Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, disclosed on February 13, that social media content creators,a Instagram users with larger followers &amp; TikTok users will soon be forced to register as businesses so they can start paying taxes to the government. The RG disclosed this during a visit by the managing [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":19582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[],"class_list":["post-19581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/19581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=19581"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/19581\/revisions"}],"predecessor-version":[{"id":19583,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/19581\/revisions\/19583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/19582"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=19581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=19581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=19581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}