By Dosu Deborah Oluwatimilehin (SIWES student, Adeseun Ogundoyin Polytechnic Eruwa)
Osun State Governor, Senator Ademola Adeleke, has signed a bill consolidating various taxes and levies into a single collection point through the state Internal Revenue Service.
The move aims to simplify the tax system, enhance transparency, and create a more conducive environment for businesses.
Additionally, the adoption of new technologies, such as automated systems, is part of the administration’s commitment to improving government services and facilitating efficient tax collection processes.
The harmonised bill is anticipated to yield economic, social, and environmental benefits.
It is expected to reduce administrative costs, enhance transparency, spur economic growth, and enable the government to allocate resources for improved public services and environmental conservation efforts.
The flexibility in payment options for businesses further supports the overall goal of fostering a thriving economic landscape in Osun State.
