Tax Compliance: EIRS Visits Govt Multinational Companies On Enforcement Drive

Edo State Internal Revenue Service (EIRS), has called on government institutions and multinational companies in Edo State to be tax compliant to avoid being sanctioned.

The charge was given during visits by the EIRS compliance team to the Nigerian Petroleum Development Company (NPDC) Liquified Petroleum Gas (LPG) Terminal in Ologbo and the Nigerian Bottling Company (NBC), both in Edo State.

EIRS Executive Director, Income Tax, Prince Felix Isuku, stated: “the visit was to ensure that both organizations, and others operating in Edo State, comply with tax laws, as they are legally bound to do so.”

He warned that “just as there are rewards for compliance, there are also sanctions.”

Isuku reiterated the need for all organizations to ensure they register with the EIRS, deduct and remit Pay-As-You-Earn (PAYE), withholding taxes, pay haulage fees, carry out business premises registration and renewal fees, as well as ensure the verification of tax clearance certificates.

Isuku stressed the need for organizations and multinationals in Edo to play their part towards achieving the plans of making Edo great again.

The Plant Manager, Nigerian Bottling Company (NBC), Irene Okpode, expressed appreciation to the EIRS team for the visit, promising a smooth working relationship with the Service to sustain compliance with the tax laws