The Ogun State Government has said it was losing between N1.5 billion and N2 billion every month due to wrongful remittance of taxes to other States within the federation.
?
This amounts to between N18 billion and N24 billion annually.
?
The State said people should comply with the Personal Income Tax Act 2004 which stipulates that such taxes are payable to the tax authority where the person resides and not where he or she is working.
?
Speaking? recently on the theme: “Understanding the Residency Rule for Employees living in Ogun State”, the State Governor, Ibikunle Amosu, said people living in border towns and villages like Sango Ota, Akute, Ibafo, Magoro, Mowe, Ojodu-Abiodun and Aiyetoro –Ayobo among others were not complying with the rule. He said many employers remit taxes of their employees in these areas to Lagos State Government contrary to the PIT Act.
?
He said that government was committed to channel over N100 billion to provide infrastructure to these areas as contribution to the development of the areas.
?