Presidential tax reform committee adopts FCT for tax harmonisation model

The Presidential Fiscal Policy and Tax Reform Committee says it will use the Federal Capital Territory (FCT) as a model in the implementation of harmonisation of taxes in the country.
The committee chairman, Taiwo Oyedele, disclosed this during a meeting on harmonisation of revenue administration in Abuja on Friday.
The FCT Internal Revenue Service (FCT-IRS) organised the meeting for the area council chairs of the FCT.
Mr Oyedele explained that the harmonisation and simplification of taxes would not reduce revenue as some people erroneously perceived but would enhance revenue generation.
“Harmonisation and simplification of taxes, as well as achieving equity and fairness in revenue administration, are critical areas of reform for our committee,” he said.
He expressed support for the steps the FCT-IRS took towards harmonising taxes in the territory.
Mr Oyedele advised the FCT and other states of the federation to discourage unorthodox means of collecting taxes, levies and fees, especially on the highway, roads and streets.
He described unorthodox means of revenue collection as embarrassing and unacceptable.
The chairman advocated the use of technology in revenue collection, adding that it can eradicate tax evasion and leakages and improve transparency.
He urged stakeholders to work together to ensure the success of the tax harmonisation drive.
In his remarks, the acting executive chairman of the FCT-IRS, Michael Ango, commended the FCT area council chairs for their commitment to the harmonisation project.
Mr Ango said their determination, willingness and support were critical to achieving full tax harmonisation in FCT.
He said FCT Minister Nyesom Wike was committed to boosting internally generated revenue in the FCT to provide residents with infrastructure and social services.
The acting chairman pledged the FCT-IRS commitment to put in place a robust technology platform to ensure efficiency and transparency in revenue collection and administration.
On his part, Ubokutom Nyah, mandate secretary, Economic Planning, Revenue Generation, and Public-Private Partnership, FCT Administration, lauded the FCT-IRS chairman for reviving the initiative.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Sport
CAF announces Kenya, Uganda, Tanzania as joint hosts of 2025 CHAN
The three countries will however participate in the qualifiers.

NationWide
Gov. Sanwo-Olu tells Nigerians to remain hopeful amid economic hardship
The governor emphasised the importance of hope, stating that citizens should not succumb to despair.

States
Over 329,000 homes, 858,000 hectares of farmland destroyed in Kebbi flood
He, therefore, called for urgent support to the affected farmers.

States
Police decorate 18 promoted senior officers in Ondo
Mr Agwoye promised that the officers would do their best in the interest of the force.

NationWide
Military officers fume as Tinubu won’t attend NDA regular course graduation in Kaduna
“We felt really disappointed,” one senior officer said from Abuja on Friday evening.

States
Flood: UNICEF donates 400 tents, 20 school kits to Jigawa
He assured the donors that the items would be put to judicious use.