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Joint Revenue Board Applauds Delta, Ondo for Tax Reforms

Joint Revenue Board Applauds Delta, Ondo for Tax Reforms

The Joint Revenue Board commended the governments of Delta and Ondo States for their progress in tax harmonisation, marking significant milestones in Nigeria's tax reforms. The Delta State Government received praise following the signing of the Delta State Tax Harmonisation Bill into law by Governor Sheriff Oborevwori.

Additionally, the Ondo State House of Assembly was acknowledged for successfully passing the Ondo State Harmonised Tax Bill. The Joint Revenue Board stated that these achievements represent substantial progress in harmonising taxes and levies at the subnational level.

The board emphasized that the commitment shown by both states would foster a more transparent, coordinated, and business-friendly tax system, helping to eliminate multiple taxation, improve voluntary compliance, and enhance sustainable revenue generation. The board reiterated the importance of an efficient tax administration system in supporting businesses and strengthening Nigeria's revenue framework, stating, "Together, we are building a simpler, fairer and more efficient tax system for all Nigerians.".

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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