Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,184,216 members, 7,923,098 topics. Date: Friday, 16 August 2024 at 06:28 PM

Alleged Tax Evasion: Lagos Seals 14 Firms - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Alleged Tax Evasion: Lagos Seals 14 Firms (152 Views)

FIRS Arraigns Companies, 3 Others Over Tax Evasion And Assault On Staff / Court Seals Hospitals, Hotel Over Tax Evasion / Firs Shuts Down Tinapa Over Alleged Tax Evasion (2) (3) (4)

(1) (Reply)

Alleged Tax Evasion: Lagos Seals 14 Firms by Innerkonsult123: 11:13am On Jul 23, 2019
The Lagos State Internal Revenue Service has resumed the sealing of companies and hospitality firms over unpaid consumption taxes. LIRS sealed 14 firms during its tax law enforcement exercise on Wednesday.
The LIRS Director of Legal Services, Mr Seyi Alade, said that two enforcement teams had been mobilised by the service for the state-wide exercise. Now, the service has resumed sealing of firms particularly the hospitality firms. It (LIRS) is committed to continuing the exercise until full compliance to tax payment and remittance are achieved,” Alade said. Alade claimed that less than 65 per cent of the corporate organisations operating in the state pay taxes, saying that many of them operated without any tax remittance to the government. He called on firms to ensure up-to-date tax payment. The Head of Distrain Unit of the LIRS, Mrs Ajibike Oshodi-Sholola, said that the two enforcement teams had sealed 14 hospitality firms, including restaurants, hotels and guesthouses. According to her, the tax liabilities of the affected firms covered from 2014 to 2016, saying that they were audited for the two years but had yet to make payment. “Before LIRS embarks on sealing, it must send two letters to the management of the affected firm, reminding it of tax liabilities. “Both the demand notice and letter of intention to distrain were sent to the management of hospitality firms but they failed to act,” she said.

Source: Punch

Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

(1) (Reply)

Digest / How To Grow And Market Your Product On Instagram / Gift Card

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.