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Lagos sues Davido, comedian AY for not paying tax

Davido, the Chief Executive Officer of HKN Music, Lagos, has been charged before a Lagos High Court and risk a jail term if convicted.

This move forms part of the authority's bid to ensure a high level of compliance with its tax laws.

According to the Sunday Punch, the state government has moved against some celebrities in the state, who are alleged to be tax evaders despite their earnings from their business.

AY the comedian has also been busted in the tax evasion saga.

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The Sunday Punch further says 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.

Davido has however defended his action, claiming that he paid taxes to Osun State since he hails from that state, says the Sunday Punch.

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