El Rufai Ends Signs Tax Bill, Ends Multiple Taxation - The Unimaginable!!

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Saturday, February 27

El Rufai Ends Signs Tax Bill, Ends Multiple Taxation

Kaduna State Gov­ernor, Malam Na­sir el-Rufai yester­day ended the regime of multiple taxations as he signed the new Tax Codi­fication and Pension bills into law, bringing reve­nue collection in the State under one agency.
According to the gov­ernor, with the new Tax Codification Law, inves­tors, business owners and citizens are to stop paying taxes to other agencies, other than Kaduna State Internal Revenue Service (KADIRS) from the first of March, 2016.
Signing the bills into law at the Government House, Kaduna, el-Rufai said, the tax law enacts a comprehensive, all-in-one tax code for the state, which harmonizes and centralizes the collection of all revenues in a single agency.
The Governor said in the interests of account­ability, the law prohibits the collection of cash rev­enues as all payments are to be made through the banks, or by electronic means.
El-rufai said: “The Ka­duna State Tax (Codifica­tion and Consolidation) Law is an investor friend­ly tax code that consoli­dates all taxes payable in the state in one law and in one document. The tax law enacts a comprehen­sive, all-in-one tax code for the state”
“It harmonizes and centralizes the collection of all revenues in a single agency, the Kaduna State Internal Revenue Service. Its objectives include im­proving the revenue base of the state, making pay­ments easy for the tax­payer and raising the ef­ficiency of tax collection.
El-rufai added: “The law ensures that any in­vestor in Kaduna State can see all state and local government taxes in one document, and be as­sured that all companies and individuals can pay with ease to only one rev­enue collector.

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