ICPC, FIRS partner to curb tax evasion, generate N1.9tr from public sector
Guardian NG  Apr 20, 2024     Visit Source  
   
 
 
 

Independent Corrupt Practices and other Related Offences Commission (ICPC)

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has teamed up with the Federal Inland Revenue Service (FIRS) to curb tax evasion and meet up with the FIRS projected N1.9 trillion tax from the public sector.

ICPC Chairman, Dr. Musa Aliyu Adamu, at the signing of the Memorandum of Understanding (MOU) in Abuja, gave assurance that the commission would assist the FIRS in tackling cases of tax evasion and financial crimes in the revenue generating sectors of the country.

The ICPC chairman emphasised the importance of strategic partnership in the fight against corruption. He stated: Corruption erodes the fabric of society and hinders economic development. By partnering with FIRS, we can more effectively investigate and prosecute cases of corruption involving tax evasion and other financial crimes.

The Chairman of FIRS, Dr. Zacch Adedeji, said the MOU is a working agreement between the two agencies. He highlighted the role of tax compliance in building a more equitable society.

Tax evasion deprives the government of much-needed revenue that could be used for public services. Through this partnership, we aim to ensure that everyone pays their fair share of taxes, he said.

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