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   A record label or record company is a brand or trademark associated with the marketing of music recordings and music videos (Wikipedia). A record label in Nigeria can only be a juristic person if registered under the company and allied matters Act chapter 59 Laws of federation of Nigeria 1990. Section 18 of the Act provides that as from the commencement of the Act, any two or more persons shall only form and incorporate a company by complying with the requirements of Act in respect of registration of such company. However, the regulatory body responsible for the implementation of the policies under the CAMA is the corporate affairs commission. The CAC is responsible for the registration of companies in Nigeria      As a legally recognized trademark, a record label can offer record deals to different artistes as they deem it fit. Record deals can then be described as a legal agreement between a record label and a recording artist or group, for the l...

   We shall not be concerned with the appraisal of the legal framework of taxation because its practically too wide to delve into. However, we shall be only be examining the problems of taxation,focusing on some of the reasons why people in informal sectors  do not pay tax in Nigeria.     But, Wikipedia  has it that Tax, which is derived from the Latin word”taxo", can be defined as        " a mandatory financial charge or some other type of levy imposed upon a taxpayer (which could be an individual or any other  legal entity) by a governmental organization in order to fund various public expenditures.        However,the informal sector refers to those workers who are self employed or who work for those who are self employed. People who earn a living through self employment in most cases are not many as such,informal workers do their businesses unprotected.   ...

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