Chairman of the Unbiased Corrupt Practices and different associated offences Fee (ICPC), Dr. Musa Adamu Aliyu, has assured the Federal Inland Income Service (FIRS) that the fee will help the company to sort out circumstances of tax evasion and monetary crimes within the income producing sector of the nation.
That is even because the FIRS targets N1.9trillion as tax from public sector with the collaboration of ICPC.
In line with the spokesperson of the ICPC, Demola Bakare, the ICPC boss gave the reassurance on the signing of a Memorandum of Understanding (MoU) by each organisations on the anti-graft fee’s headquarters in Abuja.
Whereas emphasising the significance of strategic partnership within the battle in opposition to corruption, the ICPC chairman mentioned: “Corruption erodes the material of society and hinders financial improvement. By partnering with FIRS, we will extra successfully examine and prosecute circumstances of corruption involving tax evasion and different monetary crimes.”
On the signing of the MoU, the chairman of FIRS, Dr. Zach Adedeji, who led his administration staff to the signing ceremony, which he tagged “fostering of collaboration” between the 2 companies, mentioned: “the MoU is a working settlement between the 2 companies serving to you to do your work and attain the imaginative and prescient of Mr president underneath one authorities and one nation.”
The FIRS chairman highlighted the position of tax compliance in constructing a extra equitable society.
“Tax evasion deprives the federal government of much-needed income that may very well be used for public companies. By this partnership, we purpose to make sure that everybody pays their justifiable share of taxes,” he mentioned.
Accordingly, the FIRS projected that it’ll generate N1.9trillion as tax from public sector with the collaboration of ICPC.
Beneath the MoU, the 2 companies will set up a joint job pressure to coordinate their efforts and share info on circumstances of mutual curiosity. They can even conduct joint coaching applications to reinforce the abilities of their workers in investigating monetary crimes and detection of tax evasion.