New tax laws outlaw revenue roadblocks, Adesokan says
- ✦Adesokan said the board, which comprises tax authorities at the federal and state levels, was working to ensure uniform implementation of the new tax laws and eliminate arbitrariness in tax administration across the country.
- Adesokan stated this in Abuja last week while reviewing the implementation of the new tax laws, saying the harmonised legislation was designed to curb multiple taxation and illegal revenue collection across the country.
- Under the new tax laws, micro and small businesses with an annual turnover of ₦100 million and below are exempt from paying tax.
- Adesokan said the board, which comprises tax authorities at the federal and state levels, was working to ensure uniform implementation of the new tax laws and eliminate arbitrariness in tax administration across the country.
By Emma Ujah, Abuja Bureau Chief There is no room for agents of state and local governments to mount roadblocks in the name of revenue collection under the new tax laws, the Executive Secretary of the Joint Revenue Board (JRB), Mr Olusegun Adesokan, has said.
Frequently Asked Questions About This Story
What is the latest development regarding Benue State?
Adesokan stated this in Abuja last week while reviewing the implementation of the new tax laws, saying the harmonised legislation was designed to curb multiple taxation and illegal revenue collection across the country.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Benue State, Kogi State, Federal Capital Territory.
What timeline or key figures were confirmed?
Adesokan stated this in Abuja last week while reviewing the implementation of the new tax laws, saying the harmonised legislation was designed to curb multiple taxation and illegal revenue collection across the country.
