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Adamawa tackles tax evasion

22 October 2013, 13:53

Abuja - The Adamawa State has launched an electronic capturing system and begun issuing tax identification numbers as part of measures to curb tax evasion in the region.

Governor Murtala Nyako, who launched the exercise, said the initiative was confident the initiative would enhance compliance in the state.

“The new initiative of issuing tax identification numbers to taxable citizens of the country is a positive development. It will enthrone accountability,” he said.

The governor commended the Joint Tax Board (JTB) for introducing the tax identification numbering system.

He reminded members of the public of their civil responsibility to pay their taxes.

“It is the duty of every patriotic citizen to pay their tax,” he said.

Nyarko said the prompt payment of tax would enhance the revenue base of the state to provide more social amenities to the people.

It is estimated that tax evasion costs the federal government more than N80 billion ($480 million) monthly.

About 65 percent of registered taxpayers have reportedly not filed their returns in the past two years.

This has impacted on the national coffers following recent declines in revenues from oil.

– CAJ News


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