Business
Enugu To Eliminate Multiple Taxation
The Enugu State Government has set up a committee to eliminate multiple taxes that hinder business activities in the state.
The committee, headed by the state’s Commissioner for Finance, Mr Godwin Nnadi, comprises representatives of the Board of Internal Revenue, the organised private sector, the Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) as well as business and professional groups.
The Acting Governor of the state, Mr Sunday Onyebuchi, announced the plan in Enugu in a message at the opening of the 39th Annual General Meeting of ECCIMA.
Onyebuchi, who was represented by the Commissioner for Commerce and Industry, Dr Jude Akubuilo, said the committee was to design a format for all taxes to be contained in a sheet of paper.
“The work of this committee is to eliminate all bottlenecks in paying taxes.
“The target is that businesses would be given a single paper that will capture all taxes.
“It will be a one-stop paper for all taxes. There should be no room for touts or secrets. This will help in boosting businesses, especially for the Small and Medium Enterprises (SME) in the state,’’ he said.
The governor also disclosed that the government had inaugurated an SME law to ensure its expansion and sustainability.
Onyebuchi said that as part of efforts to take businesses to the rural areas, the government would soon inaugurate local government economic councils charged with grassroots economic stimulation.
“This is one of our initiatives for 2013,” he said and promised to improve on the relationship between the chamber and the government by assisting it in achieving its objectives for economic development of the state.
Earlier, the President of ECCIMA, Dr Theo Okonkwo, commended the state government for its efforts to improve the business environment in the state, especially in the municipality.
Okonkwo, however, lamented the issues of multiple taxation and the excesses of the task force on indiscriminate parking of vehicles.
He advised the government to create parking lots in strategic places as well as put signages to guide motorists on where to park.
On the state of the nation, the president renewed the call on the Federal Government to complete the permanent site for the Enugu International Trade Fair, just like it did to those of Kaduna and Lagos.
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