Edo Partners CITN to Widen Tax Net
The Edo State Governor, Mr. Godwin Obaseki, has said that the state will partner the Chartered Institute of Taxation of Nigeria (CITN) to drive advocacy campaigns in order to widen the tax net in the state.
Obaseki, was quoted in a statement, to have said this during a courtesy call by members of the Benin District Society of the CITN, in Benin City.
He explained that the collaboration would help the state government deepen advocacy programmes to sensitise members of the public on their civic responsibility as regards taxation.
The governor noted that the state government needs to expand its tax net so it could sustain its developmental strides, adding that the focus in the past was corporate organisations while neglecting about 70 per cent of the employed labour force and those who operate small and medium enterprises (SMEs) in the state.
“Government relies on the economic activities of its citizens for sustenance. This is done through taxation. We need to emphasise the need for citizens to develop a habit of paying tax.
“We also need to tweak the system so that owners of SMEs will be conscious of the fact that they need to pay taxes,” he added. Obaseki, also noted that people who earn more in the society should pay more taxes while urging political leaders to pay stipulated taxes based on their income.
He assured members of the institute of government’s support and promised that the state would allocate a parcel of land for the institute to build its Benin Secretariat.
Earlier, the President of the institute, Gladys Olajumoke Simplice, commended the performance of the Obaseki-led administration in setting-up industrial clusters in the state to encourage production.
She noted that the institute was ready to partner with the Edo State Government in its initiative to improve revenue collection, urging the state to support some of its programmes, which includes exchange programmes and study tours.