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C’River Dep Gov says Rich folks don’t pay taxes

today09/13/2024 5

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The Deputy Governor of Cross River State, Peter Odey, has expressed concerns about tax evasion among the wealthy while speaking at the opening of a two-day induction workshop for the State’s Internal Revenue Board members, Odey underscored the crucial role of taxes in supporting the state’s economy and improving opportunities for all.

He revealed that the government is exploring strategies to ensure that high-income earners contribute more to the tax system, to support lower-paid workers while stressing that timely tax payments are essential for driving state development and warned against the negative impact of tax evasion on the state’s financial health.

Odey’s presence at the workshop highlights the government’s commitment to supporting the board and its efforts to enhance revenue collection. He also urged the Board of Internal Revenue Service to maintain professionalism to boost the state’s internally generated revenue.

The Executive Chairman of the CRSIRS, Edwin Okon, emphasized the importance of equipping board members with the necessary knowledge to manage the tax system effectively as the workshop is vital for preparing members to handle upcoming challenges.

Facilitator Chukwuemeka Eze, who spoke on Tax Dispute Resolution, called for the demystification of taxation, making it accessible to all. He also advised board members to avoid political interference, emphasizing the need for professionalism in their work.

Written by: bossgmsi

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