Perhaps to demonstrate the seriousness it attaches to the drive by the Cross River State government to shore up her internally generated revenue, the CRS Internal Revenue Service, for a greater part of today, completely shut down the Ika Ika Oqua market in Calabar Municipality, barring traders from carrying out any form of business activity, www.calitown.com can reveal.
While the acting head of the IRS, Peter Oti, was unavailable for comments at press time, IRS sources who volunteered information maintain that “close to 100 percent of those traders in the market have not remitted their taxes since 2011 and the IRS has extensively interfaced with these traders and what has happened is a direct result of their zero compliance to paying the taxes that are an obligation”. It is expected that the action of the IRS will go a long way in making the traders understand that it is no more business as usual and that taxes must be paid as at when due.
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