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LIRS seals 7 firms for tax evasion

21 November 2012, 16:12

Lagos - The Lagos State Internal Revenue Service (LIRS) on Wednesday said it had sealed seven companies for allegedly failing to remit taxes to the tune of N25.7 million.

The Head of its Enforcement Unit, Mrs Folasade Coker-Afolayan, told the News Agency of Nigeria (NAN) in Lagos that the amount was due in the last six years.

Coker-Afolayan told NAN that the companies were sealed on Tuesday, adding that it was an offence for a company not to remit taxes to the state government.

“Tax payment is a civic responsibility and no government can function effectively if the people failed to pay their taxes as at when due.

“Prompt payment of taxes will enable the government provide more infrastructure and improve the standard of living of the citizenry,” she said.

Coker-Afolayan said that the enforcement was in line with the state Personal Income Amendment Act of 2011.

According to her, the Act provides for the tax authority to apply to the court for warrant to close firms found to have defaulted in tax remittance.

She said that the agency normally informed defaulters before sealing their companies.

Coker-Afolayan urged tax payers to remit their taxes on time to avoid been sealed.

She also urged the tax payers to cooperate with the officials, adding that it constituted an offence to assault an official on duty.



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