REVEALED: GEJ’s Salary and Tax Payment Details

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President Goodluck Jonathan made tax payments of N6, 264,221.75 to the Federal Inland Revenue Service, (FIRS), out of a total of N43, 230, 871.44 as president between 2011 and 2013.

Details of the president’s tax payment also showed that the president did not earn any other income besides his fixed income as president of the country in that period.

There were no indications of income from stocks or other businesses that the president could have had.

Despite earning a regular service of N14, 410, 290.48 in each of the three years, the president tax liabilities however increased in 2012 and 2013 to N2, 510, 775. 77 up from the N1, 242, 670.21 paid in 2011.

The returns were displayed at the office of the Independent National Electoral Commission, INEC, at Area 10, Abuja, according to Vanguard.

The income tax clearance certificate from the Federal Inland Revenue Service with Ref no- Abj/MDA/PAYE/09690150 and dated July 2, 2014 were part of the president’s submission as presidential candidate of the People’s Democratic Party, PDP.

The document tagged with: “To whom it may concern,” indicated that the president’s source of income was ‘employment’.
The clearance which was stamped and received in the Legal Services Department of INEC on December 18, 2014, reads- “This is to certify that Dr. Jonathan Ebele Goodluck (Presidency), has paid income tax assessment for the past three years.

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3 COMMENTS

  1. What kind of savings anccuot?If this is a regular anccuot at the bank, you pay tax on the interest income each year but nothing when you take the money out.If it’s a brokerage anccuot invested in mutual funds, then there can be capital gains when the mutual funds are sold (and you have to sell them to get the money out). The tax is only on the GAIN, not the entire amount. Commonly called UGMA and UTMA anccuots.If this is a tax deferred savings anccuot (529 plan or coverdell ESA), then you don’t pay taxes each year, but then look at what the money is spent on when it’s withdrawn. If it’s used for qualified educational expenses, it’s tax exempt. If not, tax + 10% penalty.

  2. Yeah another reason the Niners should not have drafted him!He never worked out, sorry couldn’t work out, had many labels attached to him that have all come true (diva, lazy, slow, gimmicky offense played in, wants to play in Texas, unmotivated, and introverted, money hungry)What else did I miss?

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