Davido and AY have been charged before the Lagos High Court for not remitting their monthly tax and both may risk jail terms if convicted. According to their records 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.
According to a source - Both of them have been avoiding the tax agencies for a while, despite repeated letters and calls to them to remit their income taxes.
“Notable among these alleged tax offenders are two of Nigeria’s celebrated artistes –Davido and AY, the comedian. Both artistes have had a long standing battle with the Lagos Internal Revenue Service for tax evasion.
“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.
Davido claims this was not true, saying he is not defaulting in his tax remittance that he pays his tax to the Osun State being an indigene of the state.
Asa Asika, Davido’s manager was contacted to confirm the authenticity of the suit against Davido by the Lagos State Government. we all still awaits his responds.
“Remember that Davido said hhis made N500m from his N30bn concert recently. We must know how much he paid to the LIRS.
“AY also claims all this was not true. 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.
