FIRS To Recover Over N3bn Tax From Cross River

 FIRS To Recover Over N3bn Tax From Cross River

FIRSThe Federal Inland Revenue Service (FIRS) is set recover over N3 billion from taxes and other deductions made by the Cross River State Government from contractors and other sources, but were not remitted to the Federal Government, The Nation gathered yesterday.
Coordinator of the FIRS for Akwa Ibom, Bayelsa and Cross River State, Mr. Innocent Ohagwua, met with the state deputy governor, Professor Ivara Esu, where they spoke on their mission to recover the unremitted funds for the federal government.
In the meeting monitored through the state broadcasting corporation, Ohagwua said, “So, we are here sir, to raise some of the outstanding issues, and some of those outstanding issues. Without wasting your time, if we need to quantify it in terms of outstanding, they are in excess of N3 billion.”
Ohagwua said though the FIRS would prefer the arrears of outstanding deductions, especially taxes deducted from contractors and others, to be remitted service in bulk sum, they were prepared to provide a window of opportunity to the state to make such remittances in installments.
The FIRS coordinator said revenues generated and remitted to the FIRS by state were for the execution of projects for the benefit of the people at the federal, state and local government levels.
Esu said the state government will continue to work with the service to ensure that its objective of generating revenue for the federal government was realized.
Esu urged that issues raised by the FIRS be documented and forwarded to the state government for necessary action.
He said as a responsible government, they know it is important to pay taxes.


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