Owerri - The Imo government has directed
its board of internal revenue to handle documents relating to land transactions
and other matters requiring stamp duties and payment of capital gains tax.
The directive is contained in a release by the Commissioner
of Internal Resources and Pension Matters, Mr Obinna Mbata, in Owerri on
He said that any of such documents that did not pass through
the board remained illegal and fraudulent.
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Mbata advised members of the public to refer all matters
relating to the payment of stamp duties and capital gains tax to the board.
He insisted on collection of tamper-proof receipts as
evidence of payment of such fees.
The commissioner said that the measures were being put in
place to block revenue leakage through fraudulent conversion of fees paid as
stamp duties and capital gains tax.
He said that the state government was determined to
encourage fiscal discipline and macroeconomic structure to engender prudent
financial management for development.