Why should Nigerians in the diaspora pay taxes on money kept in Nigerian banks, which is helping the Nigerian economy? The U.S. does not tax money kept in the bank except for accounts that earns interest of which only the interest gets taxed. U.S. taxes are levied on anything that generates income, such as salaries, investment yields, sale of merchandise, properties or other investments. So, Nigerians living in 9ja should pay taxes on every naira made like it is done in the U.S. first before bringing the topic of taxing diasporans money in Nigerian banks.