The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has welcomed a call for partnership between the agency and the Nigerian Institution of Estate Surveyors and Valuers (NIESV).
Adedeji said such engagement would go a long way in enhancing effectiveness in tax administration and stimulating economic development in the country.
He spoke yesterday when he received NIESV executives led by its President and Chairman of Council, Victor Alonge, during a visit to the Revenue House in Abuja.
The FIRS chairman, according to a statement by his Special Adviser on Media, Dare Adekanmbi, said the synergy is necessary as the role of the body is crucial to the realisation of the mandate of FIRS which is to assess, collect and account for revenue accruing to the Federation.
“As you have highlighted in your speech, the collaboration between FIRS and your association cannot be overemphasized because your output is one of our main inputs and this enhances our effectiveness as a tax-administering body.
“For instance, there is no way we can assess except if we have correct filing, most especially in the area of assets and even on Capital Gains (tax) or valuation in the balance sheet.
“So, you are a key and integral part of our inputs for us to work effectively. I have also seen the solution and help you have rendered
to us. I think we need to formalise this relationship by having a memorandum of understanding between your association and FIRS,” Adedeji said.
The NIESV president, among other things, said members of the professional body were willing to make their expertise available to ensure compliance in the remittance of accurate capital gains tax.
