‘21 states adopt new tax laws’ – Daily Trust

The Joint Revenue Board (JRB) has mentioned 21 states have adopted the new tax harmonisation legal guidelines, including that it’s working with the police to finish tax assortment via roadblocks within the Federal Capital Territory (FCT) and states.

Daily Trust experiences that the tax legal guidelines signed by President Bola Ahmed Tinubu are a part of broader reforms geared toward streamlining taxes and lowering leakages.

Speaking at a press convention on Wednesday in Abuja, the Executive Secretary of JRB, Olusegun Adesokan, mentioned 21 states had thus far adopted the harmonised tax legal guidelines.

They are Kebbi, Niger, Kaduna, Plateau, Zamfara, Benue, Ekiti, Kogi, Enugu, Kwara, Abia and Nasarawa.

Others are Anambra, Akwa Ibom, Gombe, Bayelsa, Adamawa, Delta, Yobe, Ondo and Borno.

He additionally mentioned the federal authorities had harmonised taxes and levies from 100 to 9.

“We have harmonised tax and levy heads, changing 100 fragmented taxes and levies on the sub-national degree.

“The new taxes are now income tax, stamp duty, property tax, road tax, haulage levy, economic development levy, harmonised levy, user charge and daily ticket,” he mentioned.

Adesokan mentioned roadblock tax assortment would change into a factor of the previous, as enforcement by safety businesses would begin quickly.

“We know the concept of tax and money assortment on our roads has been ongoing, together with harassing motorists. It may be very fallacious.

“There might be zero tolerance for mounting of roadblocks and money assortment. This is supported by the Harmonised Taxes and Levies Law and the Presumptive Tax Regulations, 2026.

“This means motorists will not be subjected to the acquisition of irrelevant paperwork earlier than transporting items from one a part of the nation to a different, thereby lowering the price of farm produce.

“Collaboration is ongoing with the Nigerian Police Force and enforcement will commence soon,” he added.