AIRS Targets N36Bn Revenue This Year

AIRS Targets N36Bn Revenue This Year

Anambra State Internal Revenue Service, (AIRS), says the internally generated revenue can sustain the State if all taxable individuals, businesses and assets in the state duly pay their taxes and levies.

The Chairman and Chief Executive, Anambra State Internal Revenue Service, (AIRS), Dr. David Nzekwu who stated this while briefing journalists in his office at the Revenue House, Awka, revealed that the agency targets to generate thirty-six billion naira for the State Government this year.

He said this can only be achieved if Ndi Anambra and businesses promptly pay their taxes and levies for the development of the state.

Dr Nzekwu decried the low level of tax payment in the state despite figures from the National Bureau of Statistics which show that about one point two million people in Anambra State are doing business in the state.

The AIRS boss also revealed that the agency has developed a new tax system which is designed to identify every taxable individuals, business and assets recognized by state tax laws and made the system accessible and transparent for taxpayers.

He warned defaulters of the penalty in dodging their tax obligations.

Correspondent Amaka Chibuzor Okoye reports that Dr. Nzekwu also warned against paying levies or taxes to any union or association as the AIRS is the only duly constituted body approved by the state government on the matter of taxes and levy collection.