The National Film and Video Censors Board on Friday assured filmmakers in Lagos State that it would protect them against multiple taxation.
Adedayo Thomas, Executive Director of the Board, gave the assurance in an interview with the News Agency of Nigeria on the sidelines of the Public Burning of Confiscated Illicit, Unwholesome and Unapproved Movies and Video Works in Lagos.
NAN reports that the clarification became necessary following speculations that filmmakers in the state would soon start paying tax to the board.
Thomas said: “I assure our filmmakers and other stakeholders that there won’t be anything like double taxation.
“The NFVCB will liaise with the LSFVCB, the Guild of Filmmakers, Actors, Directors and other stakeholders to draw up a Memorandum of Understanding and resolve the issue.”
According to him, such policy, if implemented, would negate the policy of President Muhammadu Buhari on the Ease of Doing Business, which has zero tolerance for double taxation.
The Executive Director noted that although film regulation is on the Concurrent Legislative List, the constitution, however, provides that the federal law in that regard supersedes and overrides any other law.
Thomas said: “There have been several calls and complaints for us to harmonise our position with LSFVCB and we are much open to dialogue in order not to stalk the current progress and success of the film industry.
“Double Taxation and conflict of regulatory activities do not encourage investment, but rather frustrates ongoing investment.”