By Akpokona Omafuaire,
WARRI -THE Delta State Government weekend warned that henceforth, government will clamp down on companies and institutions that fail to remit taxes deducted from their employees and declared its commitment to blocking all leakages in the revenue generation process.
Mr. Thomas Joel-Onowakpo, Executive Chairman, Delta State Board of Internal Revenue gave the warning while declaring open a one-day seminar on taxation in Nigeria for all tertiary institution in Delta State and the Federal Medical Centre, Asaba, held at the Delta State University Abraka, urging institutions to ensure that appropriate taxes are deducted from their employees.
Joel-Onowakpo said the forum was conceived principally for the education and sensitization of the various tertiary institutions in Delta State and the Federal Medical Centre Asaba in order to address recurring issues of non-compliance with the provisions of the extant tax laws and regulations.
He noted that lapses in revenue generation process were largely due to lack of awareness, or in some cases, deliberate attempt to undermine the relevant provisions of the Personal Income Tax Act (2004).
Joel-Onowakpo maintained that Delta State can survive without oil derivation from the Federal government allocation, reiterating that compliance with the extant laws and regulations governing tax payment by every citizen and residents in the state would be a veritable instrument towards achieving that.