Revenue board hails Delta, Ondo over tax harmonisation

The Joint Revenue Board has lauded the governments of Delta and Ondo States for their advancements in tax harmonisation, recognizing these developments as crucial steps in Nigeria's ongoing tax reform efforts. The board praised the Delta State Government after Governor Sheriff Oborevwori signed the Delta State Tax Harmonisation Bill into law.

Similarly, the Ondo State House of Assembly's approval of the Ondo State Harmonised Tax Bill was commended, highlighting another significant stride towards strengthening the state's tax administration. In a statement released on Thursday, the Joint Revenue Board noted that these achievements marked substantial progress in attempts to unify taxes and levies at the state level.

The board's statement emphasized that the dedication shown by both states would bolster a more transparent, coordinated, and business-friendly tax system. Effective tax harmonisation, as outlined, would help eradicate multiple taxation, boost voluntary compliance, and facilitate sustainable revenue generation. The board also stressed the importance of a streamlined and efficient tax administration system in supporting businesses and fortifying Nigeria's revenue framework.

The statement concluded by stating, "Together, we are building a simpler, fairer and more efficient tax system for all Nigerians."