The Lagos State Government on Sunday revealed that about 3.5 million of its residents were currently involved in tax evasion, which is a violation of the country’s 1999 Constitution and other extant legal instruments.
The government added that it is determined to capture the 3.5 million tax evaders in the state’s tax net while lamenting the continual decline in allocations from the federal government and dwindling oil price in the international market.
The Chairman of the Lagos Internal Revenue Service, LIRS, Mr. Olufolarin Ogunsanwo disclosed in a statement issued after a meeting with the agency’s staff, stressing the need to capture more people in the state’s tax net so that its internally generated revenue (IGR) could be used to cushion the effect of the shortfall.
He explained that the expanded tax net would enable the government continue to provide corresponding development projects in the state, thereby advocating willful compliance by Lagosians with tax remittances as against tax audit presently in practice.
He described tax audit system as avoidable, unnecessary and waste of human resources that could be channelled into other areas of growth if tax payers embraced remitting taxes without being compelled.
This statement is coming after the LIRS boss denied a fall in the revenue of the state.
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