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14 Jan 2018

Davido And A.Y Sued To Court By Lagos State Government Over Tax Evasion

The Lagos State Government
has begun moves to tackle
high-profile tax defaulters in
the state and ensure high
level of compliance with its
tax laws.

As part of this initiative, the
state government has moved
against some celebrities in
the state, who are alleged to
be tax evaders despite their
earnings from their business.

A court paper, sighted by Sunday Punch on Saturday, indicated that the state
government had dragged
sensational singer, David
Adedeji Adeleke, popularly
known as Davido, before the
court for alleged tax evasion.

Also, a reliable source in
government told Sunday
Punch that the state had
equally moved against
popular comedian, Ayo
Makun, better known as AY, for allegedly failing to pay
tax. Davido, the Chief Executive
Officer of HKN Music, Lagos,
has been charged before a
Lagos High Court in July 2017
and risk a jail term if
convicted. AY has had a longer history in
court against the state as he
was charged to court in 2016
for failing to file his tax
returns as required by law.

"Davido, who has record deals with Sony Music
Entertainment and
endorsement agreements
with various companies in
Nigeria, has not filed his tax returns or remit any taxes to
the Lagos State Government,"
the source said. A reliable government source
told Sunday Punch on
Saturday that Davido had
defended his action, claiming
that he paid taxes to Osun
State since he is an indigene of the state.

The source added,
"Remember that Davido said
he made N500m from his
N30bn concert recently. We
must know how much he paid to the LIRS. "AY too said the same thing.
The comedian claimed to 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. "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."

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