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Lagos Govt Drops Revenue, Tax Consultants - Business - Nairaland

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Lagos Govt Drops Revenue, Tax Consultants by oneblacboi: 9:10am On Oct 14, 2011
Lagos State Government, Thursday, said it will discontinue the services of two of its tax consultancy firms – Alpha Beta and TAMAC- in revenue collection.

Organised private sector under the auspices of Manufacturers Association of Nigeria, MAN, yesterday, accused the revenue consultants of outrageous lifestyle, describing them as squandering tax-payer’s money.

MAN also accused the consultants of double- standard and encouraging multiple taxes in the state.

The National Joint Tax Board had condemned the use of private consultants in revenue collection by governments, stressing that it does not promote transparency.

Special Adviser to the Governor on Taxation and Revenue, Mr. Bola Shodipo, said government will from next year discontinue with the revenue/tax consultancy system.

He said that the consultants had outlived their usefulness, and their services may no longer be required.

The private revenue/tax consultants were introduced when Tinubu was governor of the state.

Recent reforms carried out by the government, it was gathered had empowered the state Board of Internal Revenue to bring in tax/revenue experts, as its core staff and transfer non-core staff to ministries and other parastatals as part of efforts to raise the internally-generated revenue of the state, which unconfirmed sources was put at over N20 billion monthly.

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