FG to catch Facebook, others in new tax net
7 years ago(FILES) In this file photo taken on July 10, 2019 the Facebook logo is seen on a phone in this photo illustration in Washington, DC. - A "tsunami" of political disinformation is pounding Facebook users with the US presidential election still a year away, online activist network Avaaz said in a report released on November 6, 2019. An analysis by the NGO of the top 100 bogus news stories about US politics that went viral on Facebook in the 10 months ending October 31 showed that politically tinged false news got more than 158 million views. (Photo by Alastair Pike / AFP)
Over-the-top (OTT) services providers such as YouTube, Facebook, Twitter, WhatsApp, Blackberry Messenger and many others, will soon be required to declare the revenue they generate from Nigerian consumers and pay taxes.
