Edo Warns Govt Agencies, Others Against Tax Default

Edo State Internal Revenue Service (EIRS), has called on the federal, state government’s agencies and multinational companies in the state to be tax compliant to prevent being sanctioned for tax default.

EIRS’s Income Tax Executive Director, Mr Felix Isuku, made the call when he visited the Nigerian Petroleum Development Company (NPDC) Liquefied Petroleum Gas (LPG) Terminal in Ologbo and the Nigerian Bottling Company (NBC) both in Edo

This is contained in a statement issued on Thursday in Benin by EIRS’s Head, Corporate Communication, Mr Eboigbe Courage.

Isuku spoke at the wrap up of a two-day visit to both organisations.

Isuku said: “The visit was to ensure both organisations and others operating in Edo are in compliance with tax laws, as they are legally bound to so do.

“Just as there are rewards for compliance, there are also sanctions,”

Isuku reiterated the need for all organisations to ensure they registered with the EIRS, deduct and remit Pay-As-You-Earn (PAYE), Withholding taxes, pay haulage fees, among others.

He stressed the need for organisations and multinationals in Edo to play their part towards achieving the plans of making Edo great again.

He said the companies would maintain a smooth working relationship with the Service and sustain compliance with the tax laws.

(NAN)