Imo hoteliers decry overtaxation, seek government intervention
By Victor Nwachukwu

The Imo Hoteliers Association has decried what it described as overtaxation of hotels in the state and called for the state government’s intervention.
Chairman of the association, Mr Chima Chukwunyere, made the call while addressing newsmen in Owerri, on Saturday.
Chukwunyere thanked the state government for streamlining payment of taxes through the state’s Treasury Single Account (TSA).
He however said that the method has remained the same until recently when a private company approached the association, insisting that it had agreed to take over the collection of taxes from businesses in the state.
According to him, the remittal to the TSA, backed by Imo law no. 5 of 2020, should remain in vogue until the state government or its legally established representative communicates otherwise.

Mr Chima Chukwunyere, Chairman, Imo Hoteliers Association
He therefore wondered why a private company, identified as Eastern Waste Management Company limited would parade itself as being in partnership with the state government without an official notice from the government.
He therefore called on the state government to intervene to stem the tide of multiple taxation and overtaxation so as to save the hospitality industry in the state.
“ We have been completely taken aback by a private company which claims to be in a Public Private Partnership with the state government and who have threatened to shut down our operations, yet without an official notice.
“ Our lawyers say this is an aberration of status quo and only the state government that deals directly with us reserves the right to collect the taxes unless we are duly, officially communicated by government or its legal representative “, he said.
Chukwunyere urged hoteliers in the state not to be intimidated by threats that have no legal undertone and to carry out their lawful duties without fear of harassment.
Discover more from NEWS CORNER
Subscribe to get the latest posts sent to your email.
Warning: count(): Parameter must be an array or an object that implements Countable in /home/mynewsco/public_html/wp-content/themes/trendyblog-theme/includes/single/post-tags-categories.php on line 7
About author
You might also like
Imo City Boy Movement Applauds Seyi Tinubu for Driving Economic Dialogue, Engaging Business Leaders in South-East
The Imo state Coordinator of the City Boy Movement, Prince Francis Uzor, in a show of support, has commended Seyi Tinubu for convening a strategic meeting with influential South-East entrepreneurs,
Facebook To Cut Off Huawei In Compliance With US Sanctions
Facebook said Friday it would stop allowing pre-installation of its social networking apps on Huawei devices to comply with US sanctions against the Chinese technology giant. The social media giant
TSTv launches Service, gets 3 Years Tax Relief from FG.
The Federal Government has granted a 3-year tax relief to the newly inaugurated Pay TV operator in the country, TStv Africa, as well as tax-freeTSTV dividends to all investors in
Lagos State Seeks Understanding on Re-opening Lekki-Ikoyi Tollgate
Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso, has pleaded with motorists to show some understanding over the planned re-opening of Lekki Ikoyi Toll Gate. Omotoso spoke about
HURRAY! Nigeria to enjoy 7-month unlimited crude sales
The Organisation of Petroleum Exporting Countries says Nigeria can continue to supply crude oil to the global market uninterrupted as it will continue to enjoy exemption from the oil production
Didi Shares Plunge As China Cracks Down
Shares of Didi Chuxing plunged in pre-market trading Tuesday after Beijing required app stores to pull the Chinese ride-hailing program as part of a widening crackdown on technology companies. The Cyberspace Administration






0 Comments
No Comments Yet!
You can be first to comment this post!