IRC gets acting commissioner general of tax


SAMUEL Loi has been appointed acting commissioner of tax with the Internal Revenue Commission (IRC) for a three-month period.
In making the announcement yesterday, commissioner general Sam Koim said the National Executive Council (NEC) made the decision on April 29 this year and was sanctioned through National Gazette, No. G277, dated May 15.
Loi’s career with the IRC began as a source collection auditor within the then revenue assessment division in 1999 when he first joined.
He was later promoted to non-specialist company assessor in 2001.
In 2003, he was promoted to complex auditor within the same division. In 2008, Loi was handed the senior resource company auditor position and held the position for three years.
In 2011, he was promoted director for large business – banking and finance.
Then in 2013, he became acting assistant commissioner for tax audit division, and followed on to become an assistant commissioner in 2014.
In September of 2018, Loi became assistant commissioner to head the large taxpayers’ office until his recent appointment.
Commissioner general Sam Koim said: “Loi’s successes and experience gained over time with IRC will be applied to manage the tax wing during his short term. We’ve had three lawyers at the commission level since I took office and hence, I had to initiate this change to make sure that we have an accountant here to crunch the numbers.”
Loi, in accepting his appointment, said during the three-month period, he looked forward to assisting the commission in key areas.