Covid-19: Oyo Drops 20% Tax For Gaming Operators
Oyo state government has approved the downward tax review for gaming operators across the state by twenty percent.
The government said the move is to provide succour to gaming operators in the state in view of business hardship been suffered in the wake of the novel coronavirus pandemic.
According to the letter issued to the operators by the Director General, Oyo State Gaming Board, Mr Jide Boladuro, the tax review covers the months of March and April.
The letter entitled “Review on Monthly Tax due to Covid-19 Pandemic in Oyo State” reads in parts:
“Due to the prevailing market realities and the effect of the COVID -19 pandemic on gaming operations, the Board has been compelled to review all statutory levies payable by all operators in Oyo State
“A twenty percent (20%) downward review shall apply on monthly tax payable to the Oyo State Government treasury for the month of March and April would be reviewed subsequently.
“The downward review was done in response the market realities due the COVID-19 pandemic. This tax relief is only valid for payments made on or before 15th May 2020
“Please be informed that the above stated resolutions shall be subject to further review with special consideration to the global pandemic and general market realities.”
Boladuro also appealed to the operators to enforce social distance among other hygiene protocols as stipulated by the Covid-19 task force in the various business areas.
He further assured the operators that the government will always do all within its power to ensure their business prosperity as a way of boosting the state economy.