EIRS Reads Riot Act To Trade Associations – Nigerian Observer

BENIN CITY – Edo State Internal Revenue Service has taken a stand against illegality with the warning to trade associations to desist from unauthorized revenue collections.

The Executive Chairman, Edo State Internal Revenue Service (EIRS), Igbinidu Inneh while handing down this warning during a tax engagement meeting with executives of Electronics and Computer Dealers Association of Nigeria (ECDAN), stated, “The sole government’s institution legally recognized to collect and account for generated revenue is the EIRS.”

Taking this stand against the backdrop that the Personal Income Tax Act (PITA) prohibits trade associations from collecting taxes on behalf of government, representative of the EIRS boss and Executive Director, Income Tax, Prince Felix Isuku, urged the association to be tax compliant by contributing their quota to the development of Edo State through the payment of taxes for sustainable infrastructural and human capital development.

He noted that, “Most states have began to chart new courses, looking inwards to generate funds to execute government’s projects rather than depending on revenue from oil which is no longer sustainable.

“Your contribution will enable government do more for its citizens and address issues of insecurity.
Government is doing all within its power to create the enabling environment for businesses to thrive as well as provide job opportunities for Edo youths under several outfits such as Edo State Traffic and Management Agency (EDSTMA), Public Works Volunteers (PUWOV), Edo State Constabulary Police, Mobile Revenue Collectors, Tax Relationship Officers, etc.”

He affirmed that, “The administration of Governor Godwin Obaseki has shown leadership, transparency and capacity in the judicious utilization of taxpayers’ money.

“If you pay your taxes, you will have every right to query what government is doing. But if you don’t pay your taxes, criticizing government becomes difficult.”

Towards making payment of tax seamless, Isuku told the trade association that, “The revenue service has provided multiple payment platforms for seamless tax remittances by taxpayers using Revenue Scratch Card, web payment and even the Point of Sales (PoS) device”

Responding, Chairman, (ECDAN), Prince Paul Ani, assured of members compliance to payment of taxes for use by the state government. He sued for more engagement opportunities with the revenue service, for such will assist at enlightening members.

On hand to sensitize members of the association on the implications of tax avoidance, evasion, benefits of paying taxes/tax clearance certificate and the position of the personal income tax act (PITA) on entities authorized to collect taxes on behalf of government, were the Executive Director, Other Revenue, Emmanuel Okodugha, Executive Director, MDA Services, Osahon Imaru and Grace Ainabe, Director, Income Tax.

Read from the Source link

(Visited 1 times, 1 visits today)

About The Author

You might be interested in


Your email address will not be published. Required fields are marked *