The Edo State Internal Revenue Service is taking a bold step to tackle tax evasion in the state by seeking the support and collaboration of the Economic and Financial Crimes Commission (EFCC). This move is aimed at ensuring tax compliance and bringing tax evaders to justice. According to the Executive Chairman of the Edo State Internal Revenue Service, Barrister Oladele Bankole-Balogun, the service has a mandate to collect taxes for the state, but there are errant individuals and corporations who are not doing their part ¹.
The EFCC has promised to collaborate with the Edo State Internal Revenue Service to help achieve its mandate. The Acting Zonal Director of the EFCC, Effa Okim, stated that the commission plays an active role in ensuring tax payment and bringing tax evaders to justice. This partnership is expected to strengthen tax compliance efforts in the state and curb incidences of tax evasion ².
The Edo State Internal Revenue Service has realized that collaborating with the EFCC is imperative in achieving its mandate of tax collection. By working together, the two agencies can ensure that tax evaders are brought to book and that the state receives the revenue it deserves ³. This move is a welcome development, as it will help to boost the state's revenue and promote economic growth.
The EFCC has a track record of wielding the big stick against tax evaders, and its collaboration with the Edo State Internal Revenue Service is expected to yield positive results ⁴. The service is calling for a synergy and collaboration with the EFCC to curb incidences of tax evasion and strengthen tax compliance efforts.
In a nutshell, the Edo State Internal Revenue Service is seeking the support of the EFCC to tackle tax evasion and ensure tax compliance in the state. This partnership is expected to yield positive results and promote economic growth in the state. ¹ ² ³