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.
Saturday, February 27
El Rufai Ends Signs Tax Bill, Ends Multiple Taxation
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