Anambra Taxation Bill Passes Second Reading at State House of Assembly

By Our Reporter

A bill for a Law to establish Anambra State Taxes, Levies and Presumptive Tax Collection 2025 has passed through second reading before the state House of Assembly.

The Executive bill when passed will in no small measure to eliminate multiple taxation and illegal collections of levy by unauthorized persons within Anambra State.

Presenting the Bill for consideration, the Majority Leader of the House, Mr Ikenna Ofodeme said the reason for the bill is to block loopholes and illegal taxes as well as define the revenues meant for each of the three tier of government.

Mr Ofodeme noted that the bill when passed will also help the people to know what to pay and embrace the ease of making payments electronically.

The Majority Leader said the bill will also reduce the issue of touts collecting levy without State approvals which will in turn boost the economy and increase the state Internally Generated Revenue.

Supporting the passage of the bill, the member representing Nnewi South Constituency 2, Mr JohnBosco Akaegbobi said the objectives of the law include transparency, Electronic collection and also ensure that the IGR goes into government coffers without being siphoned.

Also Mr Ejike Okechukwu representing Anaocha constituency 2, regretted that Anambra state with so many markets and economic players, yet have very little to show in terms of IGR.

Other supporters including Mr Nobke Igwe representing Ogbaru Constituency 1 and Mr Emma Nwafor of Orumba South Constituency, and Mr Golden Iloh of Ihiala Constituency 2 observed that the bill has provisions for punishments against offenders and eliminate multiple taxation.

The bill for a Law to establish Anambra State Taxes, Levies and Presumptive Tax Collection 2025, provides that any person or groups that mount roadblock for the purpose of revenue collection is liable for a fine of over 5 million naira and imprisonment among other provisions.