Two executive bills seeking to regulate and ensure the collection of taxes in Rivers State were yesterday presented on the floor of the House of Assembly.
The bills tagged: “Rivers State Taxes And Levies (Miscellaneous Provisions) Bill 2016” and “Rivers State Hotel Occupancy And Restaurant Consumption Bill 2016”, respectively, when passed into law, will empower the state government to impose and collect levies, taxes, dues and other revenues in line with the federal government’s listed revenues, as well as impose taxes on goods and services consumed in the hospitality business.
Presenting the bill, House Leader, Martin Amaewhule, stated that the Rivers State Taxes And Levies (Miscellaneous Provisions) Bill, 2016, when passed, will among other things, empower the government to assess, impose and collect any and all taxes, dues, levies, fees or other revenues listed or mentioned to be collected by states.
The bill is also expected to regulate taxes and levies from time to time and it will be administered by the Rivers State Internal Revenue Service.
Amaewhule stated that the Rivers State Hotel Occupancy And Restaurant Consumption Bill, 2016, when it becomes operational will impose tax on goods and services consumed in hotels, restaurants and event centres within the territory of Rivers State.
The bill which has six parts and 21 sections may be cited as the Consumption Tax Law of Rivers State when passed into law and would ensure that every hotel, restaurant and event centre within the territory of Rivers State is registered with the Rivers State Internal Revenue Service.


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