Tuesday, 28 June 2016

Tax evasion: FIRS Goes After Defaulters, seals Companies



The Nigeria Federal Inland Revenue Service (FIRS) has resumed its enforcement, shutting down tax-defaulting companies in Lagos, Owerri and Imo State.
In Lagos, the premises of Capital Oil Plc at 28 Creek Road were shut.
The company’s workers were ordered out of the premises by the team, led by Anita Erinne. The company is owing N30million, which it said it was ready to pay immediately. However, that was not possible because banks had closed. The FIRS team shut the company’s gates.
Also in  Apapa, the FIRS visited Folawiyo Energy Trading Company on Creek Road. But the company, which the FIRS reckons is owing N450million  in company tax for 2013 to 2015, maintained that it is owing only last year’s. The FIRS team did not seal the company, but advised its management to clear the matter at the FIRS office in Ikoyi.                 Also in Lagos, the FIRS enforcement unit visited the offices  of MAKON Engineering and Technical Services Limited, at 11, Babatunde Anjos Street, Lekki Phase 1.
However, the team, which was prepared to lock up the company,  changed its mind after the company’s Chief Financial Officer, Lanre Anafi, agreed to pay its N26 million tax debt.
The clam down continues today, June 28, 2016 across the country.

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