General News
EDO State Internal Revenue Service (EIRS), has called on the federal, state government 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 organizations.
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 organizations 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 organizations and multinationals in Edo to play their part in achieving the plans of making Edo great again.
In a remark on behalf of the companies, NBC’s Plant Manager, Mr Irene Okpode, appreciated the EIRS team for the visit.
He said the companies would maintain a smooth working relationship with the Service and sustain compliance with the tax laws.(NAN)
– May 20, 2021 @ 11:17 GMT
Tags: Edo warns government agencies others against tax default
