Oyo State Internal Revenue Service Oyo State Government LEARN MORE strip

Who We Are

The Oyo State Internal Revenue Service was established under the Oyo State Internal Revenue Board Law of October, 1995 and replaced by the Revenue Administration Law of 18th August, 2015. Earlier it has existed as Oyo State Board of Internal Revenue under the Ministry of Finance.

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01

Vision

To ensure that taxable person [individual and corporate] resident in the state are brought into the tax net to pay appropriate statutory taxes and fees as and when due.

02

Mission

To generate revenue from taxes and facilitate revenue collectible by other Ministries, Department and Agencies [MDAS] of government for developmental purposes using the best practices and technology in accordance with provision of enabling laws.

02

Mandate

The Law that established the Board is the Oyo State Internal Revenue Board Law, of October, 1995. The Board is further guided by the Personal Income Tax Act LFN, 2011 as amended and Oyo State Revenue Tax Administration Law of 2015.

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